Cosco Shipping outlines new dividend plan through 2027

COSCO SHIPPING Holdings (SSE:601919) has announced its shareholder dividend return plan for the next three years (2025-2027), emphasizing consistent and stable returns for investors. The plan prioritizes cash dividends when conditions allow, allocating 30%-50% of the net profit attributable to shareholders. The company will consider interim cash dividends based on profitability and cash flow. Dividend allocation depends on the company's development stage, with mature-stage payouts potentially reaching 80% of profits, 40% if there are significant capital expenditures, or 20% if in a growth phase with large capital spending. The plan, effective upon shareholder approval, supersedes the previous 2022-2024 plan, and is to be reviewed every three years, ensuring alignment with the company's financial position and market conditions.