Offshore Oil EngineeringLtd Dividends and Buybacks
Dividend criteria checks 5/6
Offshore Oil EngineeringLtd is a dividend paying company with a current yield of 2.64% that is well covered by earnings.
Key information
2.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.147 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Offshore Oil EngineeringLtd (SHSE:600583) Could Easily Take On More Debt
Oct 09
Is There An Opportunity With Offshore Oil Engineering Co.,Ltd's (SHSE:600583) 26% Undervaluation?
Sep 03Insufficient Growth At Offshore Oil Engineering Co.,Ltd (SHSE:600583) Hampers Share Price
Jul 21These 4 Measures Indicate That Offshore Oil EngineeringLtd (SHSE:600583) Is Using Debt Safely
Jul 02Returns At Offshore Oil EngineeringLtd (SHSE:600583) Are On The Way Up
Jun 11Offshore Oil EngineeringLtd's (SHSE:600583) Earnings May Just Be The Starting Point
Mar 25Earnings Miss: Offshore Oil Engineering Co.,Ltd Missed EPS By 9.9% And Analysts Are Revising Their Forecasts
Mar 20Offshore Oil Engineering Co.,Ltd's (SHSE:600583) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600583's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600583's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Offshore Oil EngineeringLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600583) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (600583) (up to 3 years) | 3.7% |
Notable Dividend: 600583's dividend (2.64%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600583's dividend (2.64%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), 600583's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), 600583's dividend payments are well covered by cash flows.