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COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) 3-Year Dividend Growth Rate : 28.60% (As of Dec. 2023)


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What is COSCO SHIPPING International (Hong Kong) Co 3-Year Dividend Growth Rate?

COSCO SHIPPING International (Hong Kong) Co's Dividends per Share for the six months ended in Dec. 2023 was $0.03.

The historical rank and industry rank for COSCO SHIPPING International (Hong Kong) Co's 3-Year Dividend Growth Rate or its related term are showing as below:

CHDGF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.4   Med: 14.5   Max: 33.6
Current: 28.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of COSCO SHIPPING International (Hong Kong) Co was 33.60% per year. The lowest was -8.40% per year. And the median was 14.50% per year.

CHDGF's 3-Year Dividend Growth Rate is ranked better than
67.51% of 354 companies
in the Transportation industry
Industry Median: 12.95 vs CHDGF: 28.60

During the past 12 months, COSCO SHIPPING International (Hong Kong) Co's average Dividends Per Share Growth Rate was 70.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.30% 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.

COSCO SHIPPING International (Hong Kong) Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.26. As of today, COSCO SHIPPING International (Hong Kong) Co's Dividend Yield % is 9.76%.

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 International (Hong Kong) Co Ltd is 0.84, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of COSCO SHIPPING International (Hong Kong) Co's 3-Year Dividend Growth Rate

For the Marine Shipping subindustry, COSCO SHIPPING International (Hong Kong) Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-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 International (Hong Kong) Co's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING International (Hong Kong) Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING International (Hong Kong) Co's 3-Year Dividend Growth Rate falls into.



COSCO SHIPPING International (Hong Kong) Co 3-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 expontential compound based on the latest four year annual data.

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 International (Hong Kong) Co  (OTCPK:CHDGF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

COSCO SHIPPING International (Hong Kong) Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.029/ 0.023
=1.26

During the past 13 years, the highest Dividend Payout Ratio of COSCO SHIPPING International (Hong Kong) Co was 1.37. The lowest was 0.27. And the median was 0.80.

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 International (Hong Kong) Co Ltd is 0.84, 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 International (Hong Kong) Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.2250002023-09-112023-09-122023-09-28Cash Dividendsemi-annuallyHKD:USD 0.127716
HKD 0.1150002023-06-052023-06-072023-06-28Cash Dividendsemi-annuallyHKD:USD 0.127611

* 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 International (Hong Kong) Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.043411365/0.445
=9.76 %

Current Share Price is $0.445.
COSCO SHIPPING International (Hong Kong) Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.043411365.

During the past 13 years, the highest Dividend Yield of COSCO SHIPPING International (Hong Kong) Co was 12.14%. The lowest was 1.16%. And the median was 4.75%.

* 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 International (Hong Kong) Co 3-Year Dividend Growth Rate Related Terms>


COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Business Description

Traded in Other Exchanges
Address
183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Headlines

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