China Oilfield Services Dividends and Buybacks
Dividend criteria checks 2/6
China Oilfield Services is a dividend paying company with a current yield of 3.28% that is well covered by earnings.
Key information
3.3%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | 5.7% |
Dividend Growth | -4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.228 |
Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (2883) | 3.3% |
Market Bottom 25% (HK) | 3.3% |
Market Top 25% (HK) | 8.1% |
Industry Average (Energy Services) | 2.5% |
Analyst forecast (2883) (up to 3 years) | 5.7% |
Notable Dividend: 2883's dividend (3.28%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 2883's dividend (3.28%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.7%), 2883's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.2%), 2883's dividend payments are well covered by cash flows.