CNOOC Energy Technology & Services Dividend
Dividend criteria checks 4/6
CNOOC Energy Technology & Services is a dividend paying company with a current yield of 2.53% that is well covered by earnings.
Key information
2.5%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.110 |
| Earnings per share | CN¥0.33 |
| Dividend yield forecast | 3.8% |
Recent dividend updates
No updates
Recent updates
Is CNOOC Energy Technology & Services Limited (SHSE:600968) Trading At A 34% Discount?
Oct 02
We 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) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Energy Services) | 1.7% |
| Analyst forecast (600968) (up to 3 years) | 3.8% |
Notable Dividend: 600968's dividend (2.53%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600968's dividend (2.53%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 600968's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (25%), 600968's dividend payments are well covered by cash flows.