CNOOC Dividend
Dividend criteria checks 4/6
CNOOC is a dividend paying company with a current yield of 5.75% that is well covered by earnings.
Key information
5.8%
Dividend yield
43%
Payout ratio
| Industry average yield | 6.6% |
| 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 | 6.8% |
Recent dividend 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) | 5.8% |
| Market Bottom 25% (HK) | 2.9% |
| Market Top 25% (HK) | 7.6% |
| Industry Average (Oil and Gas) | 6.6% |
| Analyst forecast (883) (up to 3 years) | 6.8% |
Notable Dividend: 883's dividend (5.75%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.89%).
High Dividend: 883's dividend (5.75%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.59%).
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 (52.3%), 883's dividend payments are covered by cash flows.