Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
SHSE:600428'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.41 Max: 0.5
Current: 0.38
During the past 13 years, the highest Dividend Payout Ratio of COSCO SHIPPING Specialized Carriers Co was 0.50. The lowest was 0.14. And the median was 0.41.
SHSE:600428's Dividend Payout Ratio is ranked better than 59.33% of 563
companies
in the Transportation industry
Industry Median: 0.45
vs SHSE:600428: 0.38
During the past 13 years, the highest Trailing Annual Dividend Yield of COSCO SHIPPING Specialized Carriers Co was 4.25%. The lowest was 0.13%. And the median was 0.70%.
During the past 12 months, COSCO SHIPPING Specialized Carriers Co's average Dividends Per Share Growth Rate was 12.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 77.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of COSCO SHIPPING Specialized Carriers Co was 131.50% per year. The lowest was -57.10% per year. And the median was 13.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
COSCO SHIPPING Specialized Carriers Co Dividend Payout Ratio Related Terms
COSCO SHIPPING Specialized Carriers Co Dividend Payout Ratio Historical Data
* 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 Specialized Carriers Co Dividend Payout Ratio Chart
COSCO SHIPPING Specialized Carriers Co Annual Data
COSCO SHIPPING Specialized Carriers Co Dividend Payout Ratio Competitor Comparison
For the Marine Shipping subindustry, COSCO SHIPPING Specialized Carriers 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 Specialized Carriers Co Dividend Payout Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio falls into.
COSCO SHIPPING Specialized Carriers Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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 Specialized Carriers Co (SHSE:600428) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on COSCO SHIPPING Specialized Carriers Co and its competitors. Over the past decade, COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio has ranged from 0.14 to 0.50. According to the industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #229 out of 563 companies in the Transportation industry, placing it in the top 40.7%.
Is COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio too high?
COSCO SHIPPING Specialized Carriers Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.50. Based on the distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #229 out of 563 companies in the Transportation industry, which is above the industry midpoint. Overall, COSCO SHIPPING Specialized Carriers Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio compare to competitors?
According to the Transportation industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #229 out of 563 companies for Dividend Payout Ratio. This puts COSCO SHIPPING Specialized Carriers Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.45. Historically, COSCO SHIPPING Specialized Carriers Co's own Dividend Payout Ratio has ranged from 0.14 to 0.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 563 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on COSCO SHIPPING Specialized Carriers Co and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COSCO SHIPPING Specialized Carriers Co's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING Specialized Carriers Co stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co (SHSE:600428) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.54, compared to a current price of ¥10.57 — trading 23.8% above its estimated fair value. The current Dividend Payout Ratio is 0.00. COSCO SHIPPING Specialized Carriers Co's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For COSCO SHIPPING Specialized Carriers Co (SHSE:600428), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Overvalued in 2026?
Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co stock appears to be overvalued.
The current stock price of ¥10.57 is trading 23.8% above its estimated GF Value™ of ¥8.54.
GuruFocus considers COSCO SHIPPING Specialized Carriers Co to be Modestly Overvalued.
Key valuation signals for SHSE:600428:
Dividend Payout Ratio: 0.00
GF Value™: ¥8.54 vs. price of ¥10.57 (23.8% above fair value)
No single metric tells the full story. See the SHSE:600428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COSCO SHIPPING Specialized Carriers Co Business Description
COSCO SHIPPING Specialized Carriers Co Ltd is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
82GF Score
Get the complete analysis for SHSE:600428
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600428 has been successfully added to your 
