COSCO SHIPPING Ports Limited, an investment holding company, manages and operates ports and terminals in Mainland China, Southeast Asia, the Middle East, Europe, South America, the Mediterranean, and internationally. The company operates container, container freight stations, container terminals, and rail terminals, as well as offers financing, treasury, management, logistics, and consultancy services. As of December 31, 2021, it operated and managed 367 berths at 37 ports with a total annual handling capacity of approximately 122 million TEU. The company was formerly known as COSCO Pacific Limited and changed its name to COSCO SHIPPING Ports Limited in July 2016. COSCO SHIPPING Ports Limited was incorporated in 1994 and is headquartered in Central, Hong Kong.
COSCO SHIPPING Ports Dividend Announcement
• COSCO SHIPPING Ports announced a semi annually dividend of $0.16 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-09-12
• COSCO SHIPPING Ports annual dividend for 2024 was $0.35
• COSCO SHIPPING Ports annual dividend for 2023 was $0.32
• COSCO SHIPPING Ports's trailing twelve-month (TTM) dividend yield is 6.65%
• COSCO SHIPPING Ports's dividend growth over the last five years (2018-2023) was -18.31% year
COSCO SHIPPING Ports Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | $0.16 | semi annually | 2024-12-06 |
2024-04-15 | $0.20 | semi annually | 2024-07-05 |
2023-09-08 | $0.17 | semi annually | 2023-12-08 |
2023-04-13 | $0.15 | semi annually | 2023-07-06 |
2022-09-12 | $0.21 | semi annually | 2022-12-02 |
2022-04-12 | $0.22 | semi annually | 2022-06-15 |
2021-09-07 | $0.21 | semi annually | 2021-10-14 |
2021-04-14 | $0.23 | semi annually | 2021-05-20 |
2020-09-09 | $0.21 | semi annually | 2020-11-09 |
2020-05-21 | $0.20 | semi annually | 2020-08-03 |
2019-09-11 | $0.19 | semi annually | 2019-11-12 |
2019-05-23 | $0.20 | semi annually | 2019-08-05 |
2018-09-07 | $0.22 | semi annually | 2018-11-13 |
2018-06-18 | $0.50 | semi annually | |
2018-05-21 | $0.17 | semi annually | 2018-08-02 |
2017-09-08 | $0.13 | semi annually | 2017-11-13 |
2017-05-18 | $0.10 | semi annually | 2017-08-03 |
2016-09-02 | $0.23 | semi annually | |
2016-05-19 | $0.30 | semi annually | |
2016-04-07 | $1.03 | semi annually | |
2015-09-03 | $0.22 | semi annually | |
2015-05-14 | $0.20 | semi annually | |
2014-09-05 | $0.18 | semi annually |
COSCO SHIPPING Ports Dividend per year
COSCO SHIPPING Ports Dividend growth
COSCO SHIPPING Ports Dividend Yield
COSCO SHIPPING Ports current trailing twelve-month (TTM) dividend yield is 6.65%. Interested in purchasing COSCO SHIPPING Ports stock? Use our calculator to estimate your expected dividend yield:
COSCO SHIPPING Ports Financial Ratios
COSCO SHIPPING Ports Dividend FAQ
Other factors to consider when evaluating COSCO SHIPPING Ports as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: COSCO SHIPPING Ports's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, COSCO SHIPPING Ports publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, COSCO SHIPPING Ports distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from COSCO SHIPPING Ports are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: COSCO SHIPPING Ports sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, COSCO SHIPPING Ports distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: COSCO SHIPPING Ports declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of COSCO SHIPPING Ports's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review COSCO SHIPPING Ports's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.