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CSSC (Hong Kong) Shipping Company Limited operates as a shipyard-affiliated leasing company in People Republic of China, Asia, the United States, and Europe. It operates through Leasing Services, Shipbroking Services, and Loan Borrowings segments. The company provides leasing services, such as finance and operating lease. It also offers shipbroking services; and loan services comprising pre-delivery loans, secured loans, and factoring services. As of December 31, 2021, the company had 158 vessels, including 130 vessels under lease and 28 vessels were under construction. The company was incorporated in 2012 and is headquartered in Central, Hong Kong.

CSSC Shipping Dividend Announcement

CSSC Shipping announced a semi annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-10-18
CSSC Shipping annual dividend for 2024 was HK$0.12
CSSC Shipping annual dividend for 2023 was HK$0.10
CSSC Shipping's trailing twelve-month (TTM) dividend yield is 7.59%
CSSC Shipping's payout ratio for the trailing twelve months (TTM) is 29.63%

CSSC Shipping Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-18HK$0.03semi annually2024-10-30
2024-07-02HK$0.09semi annually2024-07-31
2023-10-17HK$0.03semi annually2023-10-27
2023-06-28HK$0.07semi annually2023-07-28
2022-09-22HK$0.03semi annually2022-10-07
2022-07-05HK$0.06semi annually2022-07-29
2021-09-10HK$0.03semi annually2021-09-30
2021-07-05HK$0.06semi annually2021-07-30
2020-09-17HK$0.03semi annually2020-09-30
2020-06-10HK$0.05semi annually2020-06-30
2019-09-05HK$0.03semi annually2019-09-27

CSSC Shipping Dividend per year

CSSC Shipping Dividend growth

CSSC Shipping Dividend Yield

CSSC Shipping current trailing twelve-month (TTM) dividend yield is 7.59%. Interested in purchasing CSSC Shipping stock? Use our calculator to estimate your expected dividend yield:

CSSC Shipping Financial Ratios

P/E ratio4.56
PEG ratio0.05
P/B ratio0.72
ROE16.33%
Payout ratio29.63%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

CSSC Shipping Dividend FAQ

How much is the next CSSC Shipping dividend?
CSSC Shipping's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CSSC Shipping dividend. The next CSSC Shipping dividend will be released in June, or October.
When is CSSC Shipping dividend paid?
CSSC Shipping pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. 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 CSSC Shipping pay?
The specific amount of CSSC Shipping 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 CSSC Shipping's dividend history.
Does CSSC Shipping stock pay dividends?
Yes, CSSC Shipping 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 CSSC Shipping's dividend history.
How much dividend does CSSC Shipping pay?
CSSC Shipping paid HK$0.12 in 2024, HK$0.1 in 2023, HK$0.09 in 2022, HK$0.09 in 2021, and HK$0.08 in 2020.
How often does CSSC Shipping pay dividends?
CSSC Shipping typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and October.
What is CSSC Shipping's dividend yield?
The current dividend yield for CSSC Shipping is 7.59%. 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 CSSC Shipping's exact dividend yield.
When does CSSC Shipping go ex dividend?
CSSC Shipping's ex-dividend date for the latest dividend was on 2024-10-18. CSSC Shipping 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 CSSC Shipping dividend paid?
CSSC Shipping pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will CSSC Shipping 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 CSSC Shipping 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 CSSC Shipping dividend per share?
CSSC Shipping paid HK$0.12 per share in 2024 and HK$0.1 per share in 2023. The amount of dividend per share that CSSC Shipping 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 CSSC Shipping 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 CSSC Shipping 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 CSSC Shipping a dividend stock?
Yes, CSSC Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CSSC Shipping a good dividend stock?
Whether CSSC Shipping is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CSSC Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating CSSC Shipping 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 CSSC Shipping pay dividends monthly?
CSSC Shipping typically pays dividends on a semi annually basis.
Does CSSC Shipping pay dividends quarterly?
CSSC Shipping currently pays dividends on a semi annually basis.
Has CSSC Shipping ever paid a dividend?
Yes, CSSC Shipping has a history of paying dividends to its shareholders. CSSC Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CSSC Shipping dividend stocks?
To buy CSSC Shipping 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 CSSC Shipping 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 CSSC Shipping pay dividends 2024?
CSSC Shipping pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-30. 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 CSSC Shipping increase its dividend in 2024?
Decisions regarding CSSC Shipping 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 CSSC Shipping dividend overview you can look into the above table of dividend history.
How CSSC Shipping dividend works?
The CSSC Shipping 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 CSSC Shipping's dividend process works:

1. Determination of Dividend: CSSC Shipping'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, CSSC Shipping 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, CSSC Shipping 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 CSSC Shipping 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 CSSC Shipping dividends paid?
CSSC Shipping dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: CSSC Shipping 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, CSSC Shipping distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: CSSC Shipping 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 CSSC Shipping pay dividends?
CSSC Shipping typically pays dividends on a semi 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 CSSC Shipping pay dividends?
The general pattern is that CSSC Shipping pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CSSC Shipping dividend safe?
The safety of CSSC Shipping'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 CSSC Shipping'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 CSSC Shipping'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.