CNOOC Dividend
Dividend criteria checks 4/6
CNOOC is a dividend paying company with a current yield of 6.75% that is well covered by earnings.
Key information
6.7%
Dividend yield
43%
Payout ratio
| Industry average yield | 8.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.250 |
| Earnings per share | HK$2.94 |
| Dividend yield forecast | 8.1% |
Recent dividend updates
CNOOC (HKG:883) Is Due To Pay A Dividend Of CN¥0.66
Jun 09
CNOOC's (HKG:883) Dividend Will Be CN¥0.66
May 24CNOOC (HKG:883) Has Announced A Dividend Of CN¥0.66
May 10Recent updates
Returns On Capital Are Showing Encouraging Signs At CNOOC (HKG:883)
Aug 27Calculating The Fair Value Of CNOOC Limited (HKG:883)
Jul 01CNOOC (HKG:883) Is Due To Pay A Dividend Of CN¥0.66
Jun 09CNOOC's (HKG:883) Dividend Will Be CN¥0.66
May 24CNOOC (HKG:883) Has Announced A Dividend Of CN¥0.66
May 10Is CNOOC (HKG:883) A Risky Investment?
Apr 05The Market Doesn't Like What It Sees From CNOOC Limited's (HKG:883) Earnings Yet
Mar 19Returns On Capital Are A Standout For CNOOC (HKG:883)
Mar 01We Think CNOOC (HKG:883) Can Stay On Top Of Its Debt
Jan 05Calculating The Intrinsic Value Of CNOOC Limited (HKG:883)
Dec 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 883's dividend payments have been volatile in the past 10 years.
Growing Dividend: 883's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CNOOC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (883) | 6.7% |
| Market Bottom 25% (HK) | 3.7% |
| Market Top 25% (HK) | 8.7% |
| Industry Average (Oil and Gas) | 8.0% |
| Analyst forecast (883) (up to 3 years) | 8.1% |
Notable Dividend: 883's dividend (6.75%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.68%).
High Dividend: 883's dividend (6.75%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), 883's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.7%), 883's dividend payments are covered by cash flows.