Dividend Yield: 5.3%

VSTECS Holdings Limited, despite a lower than average dividend yield of 5.29% compared to Hong Kong's top dividend payers at 7.45%, has shown financial resilience with an increase in net income from HK$823.07 million to HK$922.03 million and a rise in basic EPS from HK$0.5815 to HK$0.6562 year-over-year as of December 2023. The company recently proposed a final dividend of HK$0.257 per share, maintaining its record of increasing dividends despite past volatility and coverage concerns with both earnings and cash flows supporting payouts at ratios of 39.2% and 61.4%, respectively.

• Navigate through the intricacies of VSTECS Holdings with our comprehensive dividend report here.

• Our valuation report here indicates VSTECS Holdings may be overvalued.

CNOOC

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: CNOOC Limited operates as an investment holding company primarily focused on the exploration, development, production, and sale of crude oil and natural gas with a market capitalization of approximately HK$1.01 trillion.

Operations: CNOOC Limited generates its revenue primarily from the exploration, development, production, and sale of crude oil and natural gas.

Dividend Yield: 6%

CNOOC Limited, with a dividend yield of 6.04%, falls below Hong Kong's top quartile average of 7.45%. Despite this, the company has a sustainable payout with a low earnings payout ratio of 41.1% and cash payout ratio at 59.3%. Dividend payments have increased over the past decade but have shown volatility in the same period. Recent significant amendments to corporate communication methods were proposed on May 8, 2024, potentially impacting shareholder engagement and operational flexibility.

• Dive into the specifics of CNOOC here with our thorough dividend report.

• Our expertly prepared valuation report CNOOC implies its share price may be lower than expected.

Make It Happen

• Explore the 93 names from our Top Dividend Stocks screener here.

• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:728SEHK:856 SEHK:883

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]