During the past 12 months, Cosco Shipping Development Co's average Dividends Per Share Growth Rate was -61.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 24.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cosco Shipping Development Co was 89.90% per year. The lowest was 24.60% per year. And the median was 57.25% per year.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cosco Shipping Development Co Ltd is 0.71, which seems too high.
Warning Sign:
Cosco Shipping Development Co Ltd stock dividend yield is close to 1-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Cosco Shipping Development Co's 5-Year Dividend Growth Rate
For the Aerospace & Defense subindustry, Cosco Shipping Development Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cosco Shipping Development Co's 5-Year Dividend Growth Rate Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's 5-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Cosco Shipping Development Co's 5-Year Dividend Growth Rate falls into.
Cosco Shipping Development Co 5-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Cosco Shipping Development Co (OTCPK:CITAY) 5-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Cosco Shipping Development Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Cosco Shipping Development Co was 0.96. The lowest was 0.16. And the median was 0.32.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cosco Shipping Development Co Ltd is 0.71, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Cosco Shipping Development Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.607
2023-07-06
2023-07-07
2023-08-11
Cash Dividend
annually
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Cosco Shipping Development Co's Dividend Yield (%) for Today is calculated as
Current Share Price is $5.19.
Cosco Shipping Development Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.607.
During the past 13 years, the highest Dividend Yield of Cosco Shipping Development Co was 9.50%. The lowest was 0.93%. And the median was 1.78%.
Warning Sign:
Cosco Shipping Development Co Ltd stock dividend yield is close to 1-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cosco Shipping Development Co 5-Year Dividend Growth Rate Related Terms
Thank you for viewing the detailed overview of Cosco Shipping Development Co's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.
Cosco Shipping Development Co (Cosco Shipping Development Co) Headlines
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