COSCO Shipping Technology Co., Ltd. researches, develops, and sells software and hardware products in the areas of intelligent transportation system, transportation and shipping informatization, and industrial automation in China. The company's intelligent transportation products include LED variable intelligence boards, illegal parking automatic capture systems, vehicle-mounted mobile illegal capture systems, and auto capture of vehicle violations. It also offers industrial process control, port electrical automation systems, port and shore power systems, and electrical equipment packages. In addition, the company provides informatization planning consulting, project implementation, and system operation and maintenance services, as well as provides container transportation, bulk cargo transportation and agency, oil and gas transportation, warehouse management, terminal operations, ship management, and crew management solutions. Further, it offers system integration services for various security systems, including electronic law enforcement forensics systems, image monitoring systems, and video network management platforms to public security and other industry customers. Further, it offers contracting related engineering project design, construction and project contracting, network technology development, and Internet information services; and technical consulting, technology development, and technology transfer services. Additionally, the company engages in the import and export business of technology products; and provision of technical consultation, technology development and transfer, and technical services. The company was formerly known as China Shipping Network Technology Co., Ltd. and changed its name to COSCO Shipping Technology Co., Ltd. in May 2017. The company was founded in 2001 and is headquartered in Shanghai, China. COSCO Shipping Technology Co., Ltd. is a subsidiary of Shanghai Ship and Shipping Research Institute.
COSCO SHIPPING Technology Dividend Announcement
• COSCO SHIPPING Technology announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• COSCO SHIPPING Technology annual dividend for 2024 was ¥0.18
• COSCO SHIPPING Technology annual dividend for 2023 was ¥0.12
• COSCO SHIPPING Technology's trailing twelve-month (TTM) dividend yield is 1.05%
• COSCO SHIPPING Technology's payout ratio for the trailing twelve months (TTM) is 77.03%
• COSCO SHIPPING Technology's dividend growth over the last five years (2018-2023) was 23.56% year
COSCO SHIPPING Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-31 | ¥0.18 | annually | 2024-05-31 |
| 2023-07-13 | ¥0.12 | annually | 2023-07-13 |
| 2022-07-11 | ¥0.12 | annually | 2022-07-11 |
| 2021-07-08 | ¥0.08 | annually | 2021-07-08 |
| 2020-08-20 | ¥0.04 | annually | 2020-08-20 |
| 2019-08-13 | ¥0.04 | annually | 2019-08-13 |
| 2018-08-15 | ¥0.04 | annually | 2018-08-15 |
| 2017-06-09 | ¥0.02 | annually | 2017-06-09 |
| 2016-07-08 | ¥0.04 | annually | |
| 2015-07-06 | ¥0.04 | annually | |
| 2013-07-22 | ¥0.05 | annually | |
| 2012-07-20 | ¥0.10 | annually |
COSCO SHIPPING Technology Dividend per year
COSCO SHIPPING Technology Dividend growth
COSCO SHIPPING Technology Dividend Yield
COSCO SHIPPING Technology current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing COSCO SHIPPING Technology stock? Use our calculator to estimate your expected dividend yield:
COSCO SHIPPING Technology Financial Ratios
P/E ratio44.88
PEG ratio0.44
P/B ratio3.89
ROE8.84%
Payout ratio77.03%
Current ratio2.50
Quick ratio1.94
Cash Ratio1.65
COSCO SHIPPING Technology Dividend FAQ
How much is the next COSCO SHIPPING Technology dividend?
COSCO SHIPPING Technology'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 Technology dividend. The next COSCO SHIPPING Technology dividend will be released in July.
When is COSCO SHIPPING Technology dividend paid?
COSCO SHIPPING Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Technology pay?
The specific amount of COSCO SHIPPING Technology 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 Technology's dividend history.
Does COSCO SHIPPING Technology stock pay dividends?
Yes, COSCO SHIPPING Technology 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 Technology's dividend history.
How much dividend does COSCO SHIPPING Technology pay?
COSCO SHIPPING Technology paid ¥0.18 in 2024, ¥0.12 in 2023, ¥0.12 in 2022, ¥0.083 in 2021, and ¥0.042 in 2020.
How often does COSCO SHIPPING Technology pay dividends?
COSCO SHIPPING Technology 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 July.
What is COSCO SHIPPING Technology's dividend yield?
The current dividend yield for COSCO SHIPPING Technology is 1.05%. 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 Technology's exact dividend yield.
When does COSCO SHIPPING Technology go ex dividend?
COSCO SHIPPING Technology's ex-dividend date for the latest dividend was on 2024-05-31. COSCO SHIPPING Technology 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 Technology dividend paid?
COSCO SHIPPING Technology pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will COSCO SHIPPING Technology 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 Technology 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 Technology dividend per share?
COSCO SHIPPING Technology paid ¥0.18 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that COSCO SHIPPING Technology 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 Technology 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 Technology 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 Technology a dividend stock?
Yes, COSCO SHIPPING Technology 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 Technology a good dividend stock?
Whether COSCO SHIPPING Technology 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 Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating COSCO SHIPPING Technology 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.
Other factors to consider when evaluating COSCO SHIPPING Technology 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 Technology pay dividends monthly?
COSCO SHIPPING Technology typically pays dividends on a annually basis.
Does COSCO SHIPPING Technology pay dividends quarterly?
COSCO SHIPPING Technology currently pays dividends on a annually basis.
Has COSCO SHIPPING Technology ever paid a dividend?
Yes, COSCO SHIPPING Technology has a history of paying dividends to its shareholders. COSCO SHIPPING Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy COSCO SHIPPING Technology dividend stocks?
To buy COSCO SHIPPING Technology 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 Technology 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.
Place an order: Use the brokerage's trading platform to place an order to buy COSCO SHIPPING Technology 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 Technology pay dividends 2024?
COSCO SHIPPING Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-05-31. 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 Technology increase its dividend in 2024?
Decisions regarding COSCO SHIPPING Technology 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 Technology dividend overview you can look into the above table of dividend history.
How COSCO SHIPPING Technology dividend works?
The COSCO SHIPPING Technology 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 Technology's dividend process works:
1. Determination of Dividend: COSCO SHIPPING Technology'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 Technology 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 Technology 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 Technology 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. Determination of Dividend: COSCO SHIPPING Technology'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 Technology 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 Technology 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 Technology 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 Technology dividends paid?
COSCO SHIPPING Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: COSCO SHIPPING Technology 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 Technology 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 Technology 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.
1. Record Date: COSCO SHIPPING Technology 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 Technology 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 Technology 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 Technology pay dividends?
COSCO SHIPPING Technology 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 Technology pay dividends?
The general pattern is that COSCO SHIPPING Technology pays dividends around July. 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 Technology dividend safe?
The safety of COSCO SHIPPING Technology'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 Technology'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 Technology'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.
To assess the safety of COSCO SHIPPING Technology'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 Technology'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.