CNOOC Dividend

Dividend criteria checks 4/6

CNOOC is a dividend paying company with a current yield of 6.14% that is well covered by earnings.

Key information

6.1%

Dividend yield

41%

Payout ratio

Industry average yield7.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareHK$2.76
Dividend yield forecast in 3Y6.9%

Recent dividend updates

Recent updates

Is CNOOC (HKG:883) A Risky Investment?

Apr 05
Is CNOOC (HKG:883) A Risky Investment?

The Market Doesn't Like What It Sees From CNOOC Limited's (HKG:883) Earnings Yet

Mar 19
The Market Doesn't Like What It Sees From CNOOC Limited's (HKG:883) Earnings Yet

Returns On Capital Are A Standout For CNOOC (HKG:883)

Mar 01
Returns On Capital Are A Standout For CNOOC (HKG:883)

We Think CNOOC (HKG:883) Can Stay On Top Of Its Debt

Jan 05
We Think CNOOC (HKG:883) Can Stay On Top Of Its Debt

Calculating The Intrinsic Value Of CNOOC Limited (HKG:883)

Dec 18
Calculating The Intrinsic Value Of CNOOC Limited (HKG:883)

Here's What To Make Of CNOOC's (HKG:883) Returns On Capital

Feb 23
Here's What To Make Of CNOOC's (HKG:883) Returns On Capital

Consider This Before Buying CNOOC Limited (HKG:883) For The 7.9% Dividend

Feb 02
Consider This Before Buying CNOOC Limited (HKG:883) For The 7.9% Dividend

CNOOC Limited (HKG:883) Shares Could Be 45% Below Their Intrinsic Value Estimate

Jan 13
CNOOC Limited (HKG:883) Shares Could Be 45% Below Their Intrinsic Value Estimate

Would Shareholders Who Purchased CNOOC's (HKG:883) Stock Year Be Happy With The Share price Today?

Dec 23
Would Shareholders Who Purchased CNOOC's (HKG:883) Stock Year Be Happy With The Share price Today?

Is CNOOC (HKG:883) Likely To Turn Things Around?

Nov 24
Is CNOOC (HKG:883) Likely To Turn Things Around?

Stability 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
How does 883 dividend yield compare to the market?
SegmentDividend Yield
Company (883)6.1%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)8.0%
Industry Average (Oil and Gas)7.0%
Analyst forecast in 3 Years (883)6.9%

Notable Dividend: 883's dividend (6.14%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).

High Dividend: 883's dividend (6.14%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.1%), 883's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (59.4%), 883's dividend payments are covered by cash flows.


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