CSSC (Hong Kong) Shipping Co (HKSE:03877) Dividend Payout Ratio : 0.23 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is CSSC (Hong Kong) Shipping Co Dividend Payout Ratio?

CSSC (Hong Kong) Shipping Co's dividend payout ratio for the months ended in Dec. 2023 was 0.23.

The historical rank and industry rank for CSSC (Hong Kong) Shipping Co's Dividend Payout Ratio or its related term are showing as below:

HKSE:03877' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.33 Max: 0.44
Current: 0.33

During the past 8 years, the highest Dividend Payout Ratio of CSSC (Hong Kong) Shipping Co was 0.44. The lowest was 0.18. And the median was 0.33.

HKSE:03877's Dividend Payout Ratio is ranked better than
59.81% of 520 companies
in the Business Services industry
Industry Median: 0.39 vs HKSE:03877: 0.33

As of today (2024-05-16), the Dividend Yield % of CSSC (Hong Kong) Shipping Co is 6.76%.

During the past 8 years, the highest Trailing Annual Dividend Yield of CSSC (Hong Kong) Shipping Co was 9.09%. The lowest was 2.38%. And the median was 6.57%.

CSSC (Hong Kong) Shipping Co's Dividends per Share for the months ended in Dec. 2023 was HK$0.03.

During the past 12 months, CSSC (Hong Kong) Shipping Co's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of CSSC (Hong Kong) Shipping Co was 44.20% per year. The lowest was 7.70% per year. And the median was 25.95% per year.

The growth rate is calculated with least square regression.

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

CSSC (Hong Kong) Shipping Co Dividend Payout Ratio Historical Data

The historical data trend for CSSC (Hong Kong) Shipping 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.

CSSC (Hong Kong) Shipping Co Dividend Payout Ratio Chart

CSSC (Hong Kong) Shipping Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.18

0.44

0.41

0.33

0.32

CSSC (Hong Kong) Shipping Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial									0.26	0.44	0.23	0.41	0.23

Competitive Comparison of CSSC (Hong Kong) Shipping Co's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, CSSC (Hong Kong) Shipping 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.

CSSC (Hong Kong) Shipping Co's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CSSC (Hong Kong) Shipping Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CSSC (Hong Kong) Shipping Co's Dividend Payout Ratio falls into.

CSSC (Hong Kong) Shipping Co Dividend Payout Ratio Calculation

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

CSSC (Hong Kong) Shipping 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 )
	=	0.1	/	0.31
	=	0.32

CSSC (Hong Kong) Shipping 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 )
	=	0.03	/	0.133
	=	0.23

CSSC (Hong Kong) Shipping Co (HKSE:03877) 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.

CSSC (Hong Kong) Shipping Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of CSSC (Hong Kong) Shipping Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

CSSC (Hong Kong) Shipping Co (HKSE:03877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CSSC (Hong Kong) Shipping Co Ltd (HKSE:03877) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

3LL:Germany

Address

19 Des Voeux Road Central, Room 1801, 18th Floor, World-wide House, Hong Kong, HKG

Website

https://www.csscshipping.cn

CSSC (Hong Kong) Shipping Co Ltd is a shipyard-affiliated leasing company in Greater China. As a player in the ship leasing industry, it offers customized ship leasing solutions that suit customers' different needs. The core business of the group is the provision of leasing services, which include finance leases and operating leases. It operates through the below segments: Leasing services, Shipbroking services, and Loan borrowings. The Leasing services segment that derives the majority of revenue provides Leasing services.

CSSC (Hong Kong) Shipping Co (HKSE:03877) Headlines

No Headlines