Dividend Research Desk Independent dividend data and analysis

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CITAF

COSCO SHIPPING Development Co., Ltd.

Other OTC· Annual dividend · Industrials / Marine Shipping

$0.12 ▲ $0.00(0.00%) as of Jun 17, 2026 17:10 UTC

COSCO SHIPPING Development Co., Ltd., identified by the symbol CITAF, functions as a diversified enterprise and, through its various subsidiaries, primarily delivers vessel chartering and container leasing services. Its business operations are structured into three distinct divisions: Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services. The company is involved in the fabrication and sale of shipping containers, alongside offering a range of leasing options, including operational leasing. Furthermore, it provides specialized financial leasing solutions tailored for critical sectors such as healthcare, education, energy, construction, and industrial communications. The firm also participates in equity and debt investment activities and offers insurance brokerage services. As of December 31, 2021, its fleet comprised 74 container ships. Founded in 1997 and headquartered in Shanghai, People's Republic of China, the company was previously known as China Shipping Container Lines Company Limited before adopting its current name in December 2016.

Key Metrics

Current Yield

1.85%

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.0022

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

A Annual

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

38.1

Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a more attractive dividend profile by our model — an opinion, not advice.

RSI (14)

33

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$0.10 – $0.19

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio

262.38%

The share of earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns, which can be a warning sign.

Years Paying

21

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on the dividend: Sustainability, Adequacy, Financial strength and Endurance. Each letter flags green (good) or amber (worth a look).
S Sustainable Payout
Payout ratio 262% exceeds earnings.
A Payment Track Record
21 years of dividend payments.
F Fair Valuation
Price-to-book 0.39.
E Entry Signal
Not oversold. RSI 33.

Quote & Key Data

ExchangeOther OTCThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume40,000How many shares changed hands in the latest session — a rough read on trading activity.
Open$0.12The price at the start of the latest trading session.
Day Range$0.12 – $0.12The lowest and highest price during the latest trading session.
Prev Close$0.12The closing price from the previous trading session.
Market Cap$12.13BThe company's total market value: share price times shares outstanding.
Shares Out101.10BThe total number of shares the company has issued.
EPS$0.12Earnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/E1.0Price-to-earnings ratio: share price divided by earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendJul 10, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateJul 31, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)-44.4%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)-1.6%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases0 yrsThe number of years in a row the dividend has increased — a track record of reliability.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.0022 A Regular - Jul 10, 2026 Jul 14, 2026 Jul 31, 2026
$0.0031 I Regular Aug 29, 2025 Sep 12, 2025 Sep 12, 2025 Sep 26, 2025
$0.0027 S Regular Mar 28, 2025 Jul 11, 2025 Jul 11, 2025 Jul 31, 2025
$0.0027 S Regular Aug 30, 2024 Oct 10, 2024 Oct 10, 2024 Oct 28, 2024
$0.0045 A Regular Mar 28, 2024 Jul 10, 2024 Jul 10, 2024 Jul 30, 2024
$0.0121 A Regular Mar 30, 2023 Jul 06, 2023 Jul 08, 2023 Jul 28, 2023
$0.0337 A Regular Mar 30, 2022 Jul 28, 2022 Jul 30, 2022 Aug 18, 2022
$0.0087 A Regular Mar 30, 2021 Jul 28, 2021 Jul 30, 2021 Aug 18, 2021
$0.0064 A Regular Mar 27, 2020 Jul 28, 2020 Jul 30, 2020 Aug 18, 2020
$0.0048 A Regular Mar 29, 2019 Jul 18, 2019 Jul 20, 2019 Aug 02, 2019
$0.0058 S Regular - May 23, 2008 May 26, 2008 Jul 07, 2008
$0.0224 S Regular - Dec 10, 2007 Dec 11, 2007 Dec 24, 2007
$0.0052 A Regular - May 23, 2007 May 25, 2007 Jul 06, 2007
$0.1200 A Regular - May 18, 2006 May 19, 2006 Jun 30, 2006
$0.2000 A Regular - Apr 22, 2005 Apr 25, 2005 Jun 20, 2005
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