COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is COSCO SHIPPING Specialized Carriers Co Dividend Payout Ratio?

COSCO SHIPPING Specialized Carriers Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:600428' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.33 Max: 0.5
Current: 0.37

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 0.33.

SHSE:600428's Dividend Payout Ratio is ranked better than
53.32% of 527 companies
in the Transportation industry
Industry Median: 0.4 vs SHSE:600428: 0.37

As of today (2024-06-06), the Dividend Yield % of COSCO SHIPPING Specialized Carriers Co is 2.25%.

During the past 13 years, the highest Trailing Annual Dividend Yield of COSCO SHIPPING Specialized Carriers Co was 3.94%. The lowest was 0.13%. And the median was 0.46%.

COSCO SHIPPING Specialized Carriers Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, COSCO SHIPPING Specialized Carriers Co's average Dividends Per Share Growth Rate was 220.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of COSCO SHIPPING Specialized Carriers Co was 36.30% per year. The lowest was -57.10% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

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

COSCO SHIPPING Specialized Carriers Co Dividend Payout Ratio Historical Data

The historical data trend for COSCO SHIPPING Specialized Carriers 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.

* Premium members only.

COSCO SHIPPING Specialized Carriers Co Dividend Payout Ratio Chart

COSCO SHIPPING Specialized Carriers Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.15

0.14

0.46

COSCO SHIPPING Specialized Carriers Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	1.42	-	-	-

Competitive Comparison of COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.16	/	0.348
	=	0.46

COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.151
	=	0.00

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Dividend Payout Ratio Explanation

In dividends investing, 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

Thank you for viewing the detailed overview of COSCO SHIPPING Specialized Carriers Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Specialized Carriers Co Ltd (SHSE:600428) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623

Website

http://www.coscol.com.cn

COSCO Shipping 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.

Executives

Han Guo Min	senior management
Fang Zhi Wei	Supervisors
Guo Jing	Director
Lin Jing Wei	senior management
Guo Fu Xiang	senior management
Lai Yi Guang	senior management
Tan Jin Song	Director
Du Jun Ming	senior management
Xue Jun Dong	senior management
Jin Li Zuo	Director

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Headlines

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