CNOOC Dividend
Dividend criteria checks 5/6
CNOOC is a dividend paying company with a current yield of 5.84% that is well covered by earnings.
Key information
5.8%
Dividend yield
41%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.76 |
Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600938's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600938's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CNOOC Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600938) | 5.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Oil and Gas) | 5.7% |
Analyst forecast in 3 Years (600938) | 6.6% |
Notable Dividend: 600938's dividend (5.84%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 600938's dividend (5.84%) is in the top 25% of dividend payers in the CN market (2.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.1%), 600938's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.4%), 600938's dividend payments are covered by cash flows.