What is Cosco Shipping Development Co Dividend Payout Ratio?
Cosco Shipping Development Co's dividend payout ratio for the
months ended in Dec. 2023 was 0.00.
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.
The historical rank and industry rank for Cosco Shipping Development Co's Dividend Payout Ratio or its related term are showing as below:
CITAY'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.32 Max: 0.96
Current: 0.71
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.
As of today (2024-04-27), the Dividend Yield % of Cosco Shipping Development Co is 0.00%.
During the past 13 years, the highest Trailing Annual Dividend Yield of Cosco Shipping Development Co was 9.50%. The lowest was 0.00%. And the median was 1.77%.
Cosco Shipping Development Co's Dividends per Share for the
months ended in Dec. 2023 was $0.00.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Cosco Shipping Development Co Dividend Payout Ratio Historical Data
The historical data trend for Cosco Shipping Development Co's Dividend Payout Ratio can be seen below:
* 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 Dividend Payout Ratio Chart
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Cosco Shipping Development Co Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Dividend Payout Ratio |
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0.28 |
0.32 |
0.16 |
0.82 |
0.97 |
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Cosco Shipping Development Co Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Dividend Payout Ratio |
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- |
- |
1.84 |
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Competitive Comparison of Cosco Shipping Development Co's Dividend Payout Ratio
For the Aerospace & Defense subindustry, Cosco Shipping Development Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Cosco Shipping Development Co's Dividend Payout Ratio falls into.
Cosco Shipping Development Co Dividend Payout Ratio Calculation
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 fiscal year that ended in Dec. 2023 is calculated as
Cosco Shipping Development Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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 (Cosco Shipping Development Co) Business Description
Traded in Other Exchanges
Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
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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