CNOOC Energy Technology & Services Dividends and Buybacks
Dividend criteria checks 4/6
CNOOC Energy Technology & Services 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 | 4.1% |
| Dividend Growth | 14.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.110 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
CNOOC Energy Technology & Services Limited's (SHSE:600968) Prospects Need A Boost To Lift Shares
Dec 05
CNOOC Energy Technology & Services (SHSE:600968) Is Experiencing Growth In Returns On Capital
Nov 18Is CNOOC Energy Technology & Services Limited (SHSE:600968) Trading At A 34% Discount?
Oct 02We Think CNOOC Energy Technology & Services (SHSE:600968) Can Manage Its Debt With Ease
Sep 15There's No Escaping CNOOC Energy Technology & Services Limited's (SHSE:600968) Muted Earnings
Aug 20Calculating The Fair Value Of CNOOC Energy Technology & Services Limited (SHSE:600968)
Jun 21Returns On Capital Are Showing Encouraging Signs At CNOOC Energy Technology & Services (SHSE:600968)
Jun 04These 4 Measures Indicate That CNOOC Energy Technology & Services (SHSE:600968) Is Using Debt Safely
May 13Solid Earnings Reflect CNOOC Energy Technology & Services' (SHSE:600968) Strength As A Business
Apr 22CNOOC Energy Technology & Services Limited (SHSE:600968) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Apr 17Calculating The Intrinsic Value Of CNOOC Energy Technology & Services Limited (SHSE:600968)
Mar 21Returns On Capital At CNOOC Energy Technology & Services (SHSE:600968) Have Hit The Brakes
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600968 has been paying a dividend for less than 10 years.
Growing Dividend: 600968's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| CNOOC Energy Technology & Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600968) | 2.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Energy Services) | 1.7% |
| Analyst forecast (600968) (up to 3 years) | 4.1% |
Notable Dividend: 600968's dividend (2.64%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600968's dividend (2.64%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 600968's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.5%), 600968's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:46 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CNOOC Energy Technology & Services Limited is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bei Na Yan | China International Capital Corporation Limited |
| Zhe Wang | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |