Cosco Shipping unveils 2025-2027 dividend plan

COSCO Shipping Holdings (SSE: 601919) has announced its shareholder dividend return plan for 2025-2027. The plan, approved by the board on March 21, 2025, and pending shareholder approval, aims to maintain a consistent and stable dividend policy. The company intends to prioritize cash dividends, with the total annual cash dividend payout ratio ranging between 30% and 50% of the net profit attributable to shareholders. The board will solicit opinions from all parties, particularly independent directors and minority shareholders, when formulating dividend proposals. This new plan will supersede the existing plan from 2020 upon approval.