Dividend

COSCO SHIPPING International’s annual dividend payout ratio is not less than 50% of net profit prior to obtaining practical progress in major investment projects in the future. In case the Company publishes major transaction announcement in relation to investment project, the annual dividend payout ratio of the Company will maintain at the level of not less than 25% of net profit subject to the results, availability of distributable reserves and cash flow position of the Company at that time.


HK Cents 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997


Interim Dividend

Per Share

23.5 11 10.0 6.5 7.0 5.0 6.0 4.0 7.0 3.0 2.0 2.0 2.0 2.0 1.0 1.0 1.0 1.0 1.0                

Final Dividend

Per Share

17.5 11.5 9.0 15.5 9.5 9.0 12.0 5.5 9.0 10.0 3.5 6.0 7.0 3.0 8.4 6.4 3.5 4.3 2.1 2.5              

Special Dividend

Per Share

          5.0           35.0     1.8   1.4                

Annual Dividend

Per Share

40.0 22.5 19.0 22.0 16.5 14.0 18.0 14.5 16.0 13.0 5.5 8.0 9.0 40.0 9.4 7.4 6.3 5.3 4.5 2.5              
Payout Ratio* 99% 99% 101% 99.6% 76.0% 75.0% 77.0% 61.0% 73.0% 55.0% 34.0% 33.0% 35.0% 6.0% 17.0% 22.0% 3.0% 12.0% 9.0% 16.0%              

*Exclude special dividend