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Offshore Oil Engineering Co., Ltd. operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides construction of offshore oil construction projects, marine engineering, chemical engineering, pressure pipeline, electrical and instrument automation products, special equipment for oil, gas and water treatment equipment, skid-mounted natural gas compressor units, deepwater subsea production systems and facilities, E&I products, technical, submarine pipeline maintenance, and other services for offshore oil underwater projects; oil-gas field development and repair services; and consulting services for deep-sea projects. It also engages in the construction, design, installation, repair, and maintenance of offshore oil-gas projects; contract, design, installation, repair, and relevant business of offshore oil and gas filed development engineering; and provision of EPCI and specialized contract, non-destructive and welding testing, and project contracting services. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co., Ltd. is a subsidiary of China National Offshore Oil Corporation.

Offshore Oil Engineering Dividend Announcement

Offshore Oil Engineering announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
Offshore Oil Engineering annual dividend for 2024 was ¥0.15
Offshore Oil Engineering annual dividend for 2023 was ¥0.10
Offshore Oil Engineering's trailing twelve-month (TTM) dividend yield is 2.76%
Offshore Oil Engineering's payout ratio for the trailing twelve months (TTM) is 54.81%
Offshore Oil Engineering's dividend growth over the last five years (2018-2023) was 14.87% year
Offshore Oil Engineering's dividend growth over the last ten years (2013-2023) was 12.79% year

Offshore Oil Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-18¥0.15annually2024-06-18
2023-06-12¥0.10annually2023-06-12
2022-06-10¥0.08annually2022-06-10
2021-06-15¥0.07annually2021-06-15
2020-06-12¥0.06annually2020-06-12
2019-06-14¥0.05annually2019-06-14
2018-06-05¥0.05annually2018-06-05
2017-06-14¥0.10annually2017-06-14
2016-06-08¥0.25annually
2015-06-11¥0.23annually
2014-06-17¥0.10annually
2013-05-22¥0.03annually

Offshore Oil Engineering Dividend per year

Offshore Oil Engineering Dividend growth

Offshore Oil Engineering Dividend Yield

Offshore Oil Engineering current trailing twelve-month (TTM) dividend yield is 2.76%. Interested in purchasing Offshore Oil Engineering stock? Use our calculator to estimate your expected dividend yield:

Offshore Oil Engineering Financial Ratios

P/E ratio11.76
PEG ratio2.24
P/B ratio0.90
ROE7.87%
Payout ratio54.81%
Current ratio1.54
Quick ratio1.50
Cash Ratio0.34

Offshore Oil Engineering Dividend FAQ

How much is the next Offshore Oil Engineering dividend?
Offshore Oil Engineering's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Offshore Oil Engineering dividend. The next Offshore Oil Engineering dividend will be released in June.
When is Offshore Oil Engineering dividend paid?
Offshore Oil Engineering pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Offshore Oil Engineering pay?
The specific amount of Offshore Oil Engineering dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Offshore Oil Engineering's dividend history.
Does Offshore Oil Engineering stock pay dividends?
Yes, Offshore Oil Engineering does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Offshore Oil Engineering's dividend history.
How much dividend does Offshore Oil Engineering pay?
Offshore Oil Engineering paid ¥0.147 in 2024, ¥0.1 in 2023, ¥0.08 in 2022, ¥0.07 in 2021, and ¥0.06 in 2020.
How often does Offshore Oil Engineering pay dividends?
Offshore Oil Engineering typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Offshore Oil Engineering's dividend yield?
The current dividend yield for Offshore Oil Engineering is 2.76%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Offshore Oil Engineering's exact dividend yield.
When does Offshore Oil Engineering go ex dividend?
Offshore Oil Engineering's ex-dividend date for the latest dividend was on 2024-06-18. Offshore Oil Engineering typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Offshore Oil Engineering dividend paid?
Offshore Oil Engineering pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Offshore Oil Engineering increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Offshore Oil Engineering will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Offshore Oil Engineering dividend per share?
Offshore Oil Engineering paid ¥0.147 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Offshore Oil Engineering pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Offshore Oil Engineering a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Offshore Oil Engineering a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Offshore Oil Engineering a dividend stock?
Yes, Offshore Oil Engineering is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Offshore Oil Engineering a good dividend stock?
Whether Offshore Oil Engineering is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Offshore Oil Engineering has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Offshore Oil Engineering as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Offshore Oil Engineering pay dividends monthly?
Offshore Oil Engineering typically pays dividends on a annually basis.
Does Offshore Oil Engineering pay dividends quarterly?
Offshore Oil Engineering currently pays dividends on a annually basis.
Has Offshore Oil Engineering ever paid a dividend?
Yes, Offshore Oil Engineering has a history of paying dividends to its shareholders. Offshore Oil Engineering is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Offshore Oil Engineering dividend stocks?
To buy Offshore Oil Engineering you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Offshore Oil Engineering stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Offshore Oil Engineering pay dividends 2024?
Offshore Oil Engineering pays dividends on a annually basis. 2024 dividend payments are in 2024-06-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Offshore Oil Engineering increase its dividend in 2024?
Decisions regarding Offshore Oil Engineering dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Offshore Oil Engineering dividend overview you can look into the above table of dividend history.
How Offshore Oil Engineering dividend works?
The Offshore Oil Engineering dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Offshore Oil Engineering's dividend process works:

1. Determination of Dividend: Offshore Oil Engineering's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Offshore Oil Engineering publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Offshore Oil Engineering distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Offshore Oil Engineering are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Offshore Oil Engineering dividends paid?
Offshore Oil Engineering dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Offshore Oil Engineering sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Offshore Oil Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Offshore Oil Engineering declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Offshore Oil Engineering pay dividends?
Offshore Oil Engineering typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Offshore Oil Engineering pay dividends?
The general pattern is that Offshore Oil Engineering pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Offshore Oil Engineering dividend safe?
The safety of Offshore Oil Engineering's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Offshore Oil Engineering's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Offshore Oil Engineering's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.