Offshore Oil Engineering Co Stock

Offshore Oil Engineering Co Dividend 2024

Offshore Oil Engineering Co Dividend

0.1 CNY

Offshore Oil Engineering Co Dividend yield

1.93 %

Ticker

600583.SS

ISIN

CNE0000019T2

How much dividend does Offshore Oil Engineering Co 2024 pay?

According to the latest status from September 2024, Offshore Oil Engineering Co paid a total of 0.1 CNY per share in dividends within the last 12 months. With the current Offshore Oil Engineering Co price of 5.19 CNY, this corresponds to a dividend yield of 1.93 %. A dividend is paid times per year.

1.93 % Dividend Yield=
0.1 CNY Dividend
5.19 CNY Stock Price

Historical Offshore Oil Engineering Co Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
7/18/20240.15
7/12/20230.1
7/10/20220.08
7/15/20210.07
7/12/20200.06
7/14/20190.05
7/5/20180.05
7/14/20170.1
7/8/20160.25
7/11/20150.23
7/17/20140.1
6/22/20130.03
7/5/20120.04
6/26/20090.07
5/14/20080.03
7/4/20070.08
6/15/20060.2
6/12/20050.1
6/17/20040.1
11/15/20030.1
1
2

Offshore Oil Engineering Co dividend history and estimates

In 2023, Offshore Oil Engineering Co paid a dividend amounting to 0.1 CNY. Dividend means that Offshore Oil Engineering Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Offshore Oil Engineering Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Offshore Oil Engineering Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Offshore Oil Engineering Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Offshore Oil Engineering Co Dividend History

DateOffshore Oil Engineering Co Dividend
2026e0.1 undefined
2025e0.1 undefined
2024e0.1 undefined
20230.1 undefined
20220.08 undefined
20210.07 undefined
20200.06 undefined
20190.05 undefined
20180.05 undefined
20170.1 undefined
20160.25 undefined
20150.23 undefined
20140.1 undefined
20130.03 undefined
20120.04 undefined
20090.06 undefined
20080.02 undefined
20070.02 undefined
20060.05 undefined
20050.02 undefined
20040.02 undefined

Is the Offshore Oil Engineering Co Dividend Safe?

Offshore Oil Engineering Co has been increasing the dividend for 4 years.

Over the past 10 years, Offshore Oil Engineering Co has increased it by an annual 12.794 %.

Over a five-year period, the distribution increased by 14.87%.

Analysts expect a Dividend Increase of 1.336% for the current fiscal year.

Offshore Oil Engineering Co dividend payout ratio

In 2023, Offshore Oil Engineering Co had a payout ratio of 60.98%. The payout ratio indicates the percentage of the company's profits that Offshore Oil Engineering Co distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Offshore Oil Engineering Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Offshore Oil Engineering Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Offshore Oil Engineering Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Offshore Oil Engineering Co Payout Ratio History

DateOffshore Oil Engineering Co Payout ratio
2026e54.82 %
2025e47.17 %
2024e56.3 %
202360.98 %
202224.24 %
202183.69 %
202075 %
2019500 %
2018250 %
201790.91 %
201683.33 %
201529.87 %
201410.31 %
20134.35 %
201215.91 %
201160.98 %
201060.98 %
200922.24 %
20084.77 %
20077.22 %
200621.05 %
200513.59 %
200417.55 %

Dividend Details

Understanding Offshore Oil Engineering Co's Dividend Distributions

Offshore Oil Engineering Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Offshore Oil Engineering Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Offshore Oil Engineering Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Offshore Oil Engineering Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Offshore Oil Engineering Co Aktienanalyse

What does Offshore Oil Engineering Co do?

Offshore Oil Engineering Co is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Offshore Oil Engineering Co stock

How much dividend does Offshore Oil Engineering Co pay?

Over the past 12 months, Offshore Oil Engineering Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 1.93 %. For the coming 12 months, Offshore Oil Engineering Co is expected to pay a dividend of 0.1 CNY.

What is the dividend yield of Offshore Oil Engineering Co?

The current dividend yield of Offshore Oil Engineering Co is 1.93 %.

When does Offshore Oil Engineering Co pay dividends?

Offshore Oil Engineering Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Offshore Oil Engineering Co?

Offshore Oil Engineering Co paid dividends every year for the past 15 years.

What is the dividend of Offshore Oil Engineering Co?

For the upcoming 12 months, dividends amounting to 0.1 CNY are expected. This corresponds to a dividend yield of 1.99 %.

In which sector is Offshore Oil Engineering Co located?

Offshore Oil Engineering Co is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Offshore Oil Engineering Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Offshore Oil Engineering Co from 6/18/2024 amounting to 0.147 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Offshore Oil Engineering Co pay the last dividend?

The last dividend was paid out on 6/18/2024.

What was the dividend of Offshore Oil Engineering Co in the year 2023?

In the year 2023, Offshore Oil Engineering Co distributed 0.08 CNY as dividends.

In which currency does Offshore Oil Engineering Co pay out the dividend?

The dividends of Offshore Oil Engineering Co are distributed in CNY.

Andere Kennzahlen von Offshore Oil Engineering Co

Our stock analysis for Offshore Oil Engineering Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Offshore Oil Engineering Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.