CNOOC Energy Technology & Services Dividend
Dividend criteria checks 4/6
CNOOC Energy Technology & Services is a dividend paying company with a current yield of 2.7% that is well covered by earnings.
Key information
2.7%
Dividend yield
35%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.31 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
No updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (600968) | 2.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Energy Services) | 1.9% |
Analyst forecast in 3 Years (600968) | 4.2% |
Notable Dividend: 600968's dividend (2.7%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600968's dividend (2.7%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), 600968's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.3%), 600968's dividend payments are well covered by cash flows.