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COSCO SHIPPING Specialized Carriers Co., Ltd. operates as a shipping company. It operates and manages approximately 100 vessels, including multi-purpose and heavy lift vessels, semi-submersible vessels, pure car carriers, logs carriers, and asphalt carriers. The company also transports cargoes, such as RIGs, engineering vessels, port machinery, locomotives, windmills, bridge cranes, equipment, etc. In addition, it provides liner shipping services on various trade routes, including the Far East-Southeast Asia/India, Far East-Mediterranean Sea/Europe, Far East-Persian Gulf/Red Sea, Far East-Africa, Far East-America, and Far East-Australia. The company was formerly known as Guangzhou Ocean Shipping Co., Ltd. COSCO SHIPPING Specialized Carriers Co., Ltd. was founded in 1961 and is based in Guangzhou, China. COSCO SHIPPING Specialized Carriers Co., Ltd. is a subsidiary of China Ocean Shipping Co., Ltd.

COSCO SHIPPING Specialized Carriers Dividend Announcement

COSCO SHIPPING Specialized Carriers announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-07-22
COSCO SHIPPING Specialized Carriers annual dividend for 2024 was ¥0.25
COSCO SHIPPING Specialized Carriers annual dividend for 2023 was ¥0.16
COSCO SHIPPING Specialized Carriers's trailing twelve-month (TTM) dividend yield is 3.18%
COSCO SHIPPING Specialized Carriers's payout ratio for the trailing twelve months (TTM) is 82.94%

COSCO SHIPPING Specialized Carriers Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-22¥0.25annually2024-07-22
2023-06-15¥0.16annually2023-06-15
2022-08-03¥0.05annually2022-08-03
2021-07-20¥0.02annually2021-07-20
2018-08-09¥0.02annually2018-08-09
2016-08-10¥0.01annually
2015-07-16¥0.02annually
2012-07-18¥0.02annually
2011-08-24¥0.04annually
2009-07-06¥0.18annually
2008-09-23¥0.37annually
2008-05-22¥0.64annually
2007-07-19¥0.37annually

COSCO SHIPPING Specialized Carriers Dividend per year

COSCO SHIPPING Specialized Carriers Dividend growth

COSCO SHIPPING Specialized Carriers Dividend Yield

COSCO SHIPPING Specialized Carriers current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing COSCO SHIPPING Specialized Carriers stock? Use our calculator to estimate your expected dividend yield:

COSCO SHIPPING Specialized Carriers Financial Ratios

P/E ratio12.49
PEG ratio-0.21
P/B ratio1.39
ROE11.42%
Payout ratio82.94%
Current ratio0.76
Quick ratio0.66
Cash Ratio0.26

COSCO SHIPPING Specialized Carriers Dividend FAQ

How much is the next COSCO SHIPPING Specialized Carriers dividend?
COSCO SHIPPING Specialized Carriers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next COSCO SHIPPING Specialized Carriers dividend. The next COSCO SHIPPING Specialized Carriers dividend will be released in June.
When is COSCO SHIPPING Specialized Carriers dividend paid?
COSCO SHIPPING Specialized Carriers pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does COSCO SHIPPING Specialized Carriers pay?
The specific amount of COSCO SHIPPING Specialized Carriers dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find COSCO SHIPPING Specialized Carriers's dividend history.
Does COSCO SHIPPING Specialized Carriers stock pay dividends?
Yes, COSCO SHIPPING Specialized Carriers does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find COSCO SHIPPING Specialized Carriers's dividend history.
How much dividend does COSCO SHIPPING Specialized Carriers pay?
COSCO SHIPPING Specialized Carriers paid ¥0.248 in 2024, ¥0.16 in 2023, ¥0.05 in 2022, ¥0.02 in 2021, and ¥0.0 in 2020.
How often does COSCO SHIPPING Specialized Carriers pay dividends?
COSCO SHIPPING Specialized Carriers typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is COSCO SHIPPING Specialized Carriers's dividend yield?
The current dividend yield for COSCO SHIPPING Specialized Carriers is 3.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate COSCO SHIPPING Specialized Carriers's exact dividend yield.
When does COSCO SHIPPING Specialized Carriers go ex dividend?
COSCO SHIPPING Specialized Carriers's ex-dividend date for the latest dividend was on 2024-07-22. COSCO SHIPPING Specialized Carriers typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next COSCO SHIPPING Specialized Carriers dividend paid?
COSCO SHIPPING Specialized Carriers pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will COSCO SHIPPING Specialized Carriers increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether COSCO SHIPPING Specialized Carriers will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is COSCO SHIPPING Specialized Carriers dividend per share?
COSCO SHIPPING Specialized Carriers paid ¥0.248 per share in 2024 and ¥0.16 per share in 2023. The amount of dividend per share that COSCO SHIPPING Specialized Carriers pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is COSCO SHIPPING Specialized Carriers a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is COSCO SHIPPING Specialized Carriers a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is COSCO SHIPPING Specialized Carriers a dividend stock?
Yes, COSCO SHIPPING Specialized Carriers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is COSCO SHIPPING Specialized Carriers a good dividend stock?
Whether COSCO SHIPPING Specialized Carriers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. COSCO SHIPPING Specialized Carriers has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating COSCO SHIPPING Specialized Carriers 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.
Does COSCO SHIPPING Specialized Carriers pay dividends monthly?
COSCO SHIPPING Specialized Carriers typically pays dividends on a annually basis.
Does COSCO SHIPPING Specialized Carriers pay dividends quarterly?
COSCO SHIPPING Specialized Carriers currently pays dividends on a annually basis.
Has COSCO SHIPPING Specialized Carriers ever paid a dividend?
Yes, COSCO SHIPPING Specialized Carriers has a history of paying dividends to its shareholders. COSCO SHIPPING Specialized Carriers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy COSCO SHIPPING Specialized Carriers dividend stocks?
To buy COSCO SHIPPING Specialized Carriers you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy COSCO SHIPPING Specialized Carriers stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does COSCO SHIPPING Specialized Carriers pay dividends 2024?
COSCO SHIPPING Specialized Carriers pays dividends on a annually basis. 2024 dividend payments are in 2024-07-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will COSCO SHIPPING Specialized Carriers increase its dividend in 2024?
Decisions regarding COSCO SHIPPING Specialized Carriers dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date COSCO SHIPPING Specialized Carriers dividend overview you can look into the above table of dividend history.
How COSCO SHIPPING Specialized Carriers dividend works?
The COSCO SHIPPING Specialized Carriers dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how COSCO SHIPPING Specialized Carriers's dividend process works:

1. Determination of Dividend: COSCO SHIPPING Specialized Carriers'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 Specialized Carriers 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 Specialized Carriers 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 Specialized Carriers 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.
How are COSCO SHIPPING Specialized Carriers dividends paid?
COSCO SHIPPING Specialized Carriers dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: COSCO SHIPPING Specialized Carriers 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 Specialized Carriers 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 Specialized Carriers 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.
How many times does COSCO SHIPPING Specialized Carriers pay dividends?
COSCO SHIPPING Specialized Carriers typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does COSCO SHIPPING Specialized Carriers pay dividends?
The general pattern is that COSCO SHIPPING Specialized Carriers pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is COSCO SHIPPING Specialized Carriers dividend safe?
The safety of COSCO SHIPPING Specialized Carriers's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of COSCO SHIPPING Specialized Carriers'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 Specialized Carriers'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.