CNOOC Dividends and Buybacks
Dividend criteria checks 4/6
CNOOC is a dividend paying company with a current yield of 7.9% that is well covered by earnings.
Key information
7.9%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 8.3% |
| Dividend Growth | 7.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.400 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (883) | 7.9% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Oil and Gas) | 7.9% |
| Analyst forecast (883) (up to 3 years) | 8.3% |
Notable Dividend: 883's dividend (7.9%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 883's dividend (7.9%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.7%), 883's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.4%), 883's dividend payments are covered by cash flows.