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CSSC (Hong Kong) Shipping Co (HKSE:03877) Dividend Yield % : 6.76% (As of May. 16, 2024)


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What is CSSC (Hong Kong) Shipping Co Dividend Yield %?

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

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

HKSE:03877' s Dividend Yield % Range Over the Past 10 Years
Min: 2.38   Med: 6.57   Max: 9.09
Current: 6.76

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

HKSE:03877's Dividend Yield % is ranked better than
90.61% of 586 companies
in the Business Services industry
Industry Median: 2.82 vs HKSE:03877: 6.76

CSSC (Hong Kong) Shipping Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.23.

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.

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

CSSC (Hong Kong) Shipping Co's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for CSSC (Hong Kong) Shipping Co's Dividend Yield % 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 Yield % Chart

CSSC (Hong Kong) Shipping Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial 2.29 7.34 8.26 7.96 6.76

CSSC (Hong Kong) Shipping Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.26 6.38 7.96 7.69 6.76

Competitive Comparison of CSSC (Hong Kong) Shipping Co's Dividend Yield %

For the Rental & Leasing Services subindustry, CSSC (Hong Kong) Shipping Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Business Services Industry

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

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



CSSC (Hong Kong) Shipping Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

CSSC (Hong Kong) Shipping Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0300002023-10-172023-10-192023-10-27Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0700002023-06-282023-06-302023-07-28Cash Dividendsemi-annuallyHKD:HKD 1.000000

* 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.

CSSC (Hong Kong) Shipping Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/1.48
=6.76 %

Current Share Price is HK$1.48.
CSSC (Hong Kong) Shipping Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.1.

CSSC (Hong Kong) Shipping Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.06/1.48
=4.05 %

Current Share Price is HK$1.48.
CSSC (Hong Kong) Shipping Co's Dividends per Share for the forward twelve months is calculated as HK$0.03 * 2 = HK$0.06.

* 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.


CSSC (Hong Kong) Shipping Co  (HKSE:03877) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


CSSC (Hong Kong) Shipping Co Dividend Yield % Related Terms

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

Traded in Other Exchanges
Address
19 Des Voeux Road Central, Room 1801, 18th Floor, World-wide House, Hong Kong, HKG
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

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