China Shipping Dev H Dividend yield




   HKD/share 
 Price  3.82
 Dividend  0.24
 Earnings  0.71
 Cash-flow  2.25
 Book value  9.55
 Equity  9.34

China Shipping Dev H is part of Industrial Transportation business, which is part of Industrials industry. China Shipping Dev H is a company from China, and his stocks are publicly traded.

China Shipping Dev H paid a total dividend of 311 million HKD last year, for a market value of 4,951 millions (Market Cap 4,951 millions). Dividend per share of China Shipping Dev H is 0.24 HKD, and his stock market price 3.82 HKD.

According to the chart below, where dividend yield is displayed, China Shipping Dev H has a dividend yield of 6.29%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare China Shipping Dev H dividend yield with other Industrial Transportation companies or firms from China.

Dividend yield of China Shipping Dev H

China Shipping Dev H Dividend Payout

About the ability of China Shipping Dev H to maintain his current dividend of HKD 0.24 per share, an amount that accounts for 6.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Shipping Dev H payout on ernings is currently 33.80%, which is lower than the market average and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures lead us to believe that there is confidence that China Shipping Dev Hcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Shipping Dev H is HKD 2.25 per share, which is higher than the dividend per share paid by the company of HKD 0.24, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Shipping Dev H, compared againt world market average, China companies, Industrials industry and Industrial Transportation sector companies.

China Shipping Dev H payout

China Shipping Dev H Dividend History

Year Yield  HKD  Paypout  Shares* 
Present6.29%0.2433.80%1,296
20201.43%0.0433.33%1,296
20190.61%0.020.00%1,296
20181.52%0.0612.00%1,296
20175.11%0.2237.93%1,296
20162.60%0.12109.09%1,296
20150.66%0.0444.44%1,296

*In millions

China Shipping Dev H Stock performance

Finally, last moth China Shipping Dev H showed a return of 25.70% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 19.40% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Industrial Transportation firms.

China Shipping Dev H stock and market return