COSCO SHIPPING Development Co., Ltd. Stock Dividends Overview

CITAF pays dividends yearly. Last paid amount was $0.0946 at Jul 06, 2023. As of today, dividend yield (TTM) is 77.41%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 77.41%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0946
Next Ex-Dividend Date Jul 08, 2024
Next Payment Date Jul 30, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from CITAF the purchase should be done within the next 4 days.
Here's a simple guide on how to buy CITAF stock.

CITAF Dividend Payout History

To ensure a understanding of CITAF's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 08, 2024 Jul 08, 2024 Jul 30, 2024 $0.0044 3.39%
2 Jul 06, 2023 Jul 06, 2023 Jul 06, 2023 $0.0946 77.41%
3 Jul 28, 2022 Jul 28, 2022 Jul 28, 2022 $0.265 138.60%
4 Jul 28, 2021 Jul 28, 2021 Jul 28, 2021 $0.0672 38.42%
5 Jul 28, 2020 Jul 28, 2020 Jul 28, 2020 $0.0493 61.66%
6 Jul 18, 2019 Jul 18, 2019 Jul 18, 2019 $0.0330 33.00%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (60.65%)

Growth potential

Decrease likely (36.73%)

CITAF Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CITAF dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CITAF stock here.

Comparing CITAF to Sector and Country

CITAF pays a solid dividend yield of 77.41%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.599%). CITAF’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.82%).

FAQ

What factors can affect the amount of CITAF's dividend payments?
The amount of CITAF's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CITAF sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CITAF stock be automatically reinvested?
If CITAF offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CITAF stock.

How often does CITAF pay dividend?
COSCO SHIPPING Development Co., Ltd. (CITAF) pays dividends yearly. The most recent payout was on Jul 06, 2023. The upcoming dividend Ex Date is Jul 08, 2024, with an amount of $0.0044.

How much does CITAF pays per share?
The last recorder (Jul 06, 2023) dividend per share was $0.0946.

What is CITAF dividend growth rate?
Over the last year, COSCO SHIPPING Development Co., Ltd. has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 12.06%. Furthermore, examining the past 5 years, COSCO SHIPPING Development Co., Ltd. has maintained an average Dividends Per Share Growth Rate of 23.45%.
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About COSCO SHIPPING Development Co., Ltd.

COSCO SHIPPING Development Co. Ltd. COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. It operates through Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services segments. The company manufactures and sells containers; and offers operating leasing, equity or debt investment, and insurance brokerage, as well as financial leasing services in the areas of health... CITAF Profile

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