China Oilfield Services Dividend
Dividend criteria checks 2/6
China Oilfield Services is a dividend paying company with a current yield of 2.69% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
2.7%
Dividend yield
31%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 30 Jun 24 |
| Ex dividend date | 07 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.68 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
After Leaping 31% China Oilfield Services Limited (HKG:2883) Shares Are Not Flying Under The Radar
Mar 29
China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
Mar 08Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Feb 19China Oilfield Services Limited's (HKG:2883) P/E Still Appears To Be Reasonable
Dec 19China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
Nov 27China Oilfield Services (HKG:2883) Is Looking To Continue Growing Its Returns On Capital
Nov 07Is China Oilfield Services (HKG:2883) A Risky Investment?
Aug 20Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Aug 01China Oilfield Services (HKG:2883) Will Pay A Larger Dividend Than Last Year At CN¥0.1786
May 26China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
May 14China Oilfield Services (HKG:2883) Shareholders Will Want The ROCE Trajectory To Continue
Apr 28A Look At The Fair Value Of China Oilfield Services Limited (HKG:2883)
Mar 19China Oilfield Services (HKG:2883) Seems To Use Debt Rather Sparingly
Feb 01We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)
Jan 17Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Dec 18Is China Oilfield Services (HKG:2883) A Risky Investment?
Oct 25There's Been No Shortage Of Growth Recently For China Oilfield Services' (HKG:2883) Returns On Capital
Oct 10China Oilfield Services Limited (HKG:2883) Shares Could Be 40% Below Their Intrinsic Value Estimate
Sep 09China Oilfield Services (HKG:2883) Has A Rock Solid Balance Sheet
Jun 29Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Jun 08China Oilfield Services (HKG:2883) Seems To Use Debt Quite Sensibly
Mar 25Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Mar 02China Oilfield Services (HKG:2883) Might Have The Makings Of A Multi-Bagger
Jan 28Is China Oilfield Services (HKG:2883) Using Too Much Debt?
Dec 19Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Nov 28We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)
Oct 22Investors Will Want China Oilfield Services' (HKG:2883) Growth In ROCE To Persist
Jul 20Calculating The Fair Value Of China Oilfield Services Limited (HKG:2883)
May 28Here's How We Evaluate China Oilfield Services Limited's (HKG:2883) Dividend
May 10China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
Apr 11Should You Be Adding China Oilfield Services (HKG:2883) To Your Watchlist Today?
Mar 29Are Institutions Heavily Invested In China Oilfield Services Limited's (HKG:2883) Shares?
Mar 11Calculating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Feb 25Returns On Capital - An Important Metric For China Oilfield Services (HKG:2883)
Feb 12
Is China Oilfield Services Limited's (HKG:2883) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 31Does China Oilfield Services' (HKG:2883) Share Price Gain of 67% Match Its Business Performance?
Jan 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2883's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2883's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| China Oilfield Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2883) | 2.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Energy Services) | 2.7% |
| Analyst forecast in 3 Years (2883) | 4.9% |
Notable Dividend: 2883's dividend (2.69%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2883's dividend (2.69%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 2883's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.2%), 2883's dividend payments are well covered by cash flows.