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 2.58% that is well covered by earnings.
Key information
2.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 14.4% |
| 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
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600968) | 2.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (600968) (up to 3 years) | 4.0% |
Notable Dividend: 600968's dividend (2.58%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600968's dividend (2.58%) 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 (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.