In This Article:
Given the energy industry’s dependence on commodity prices, the sector tends to be cyclical and profitability can be highly variable. However, as oil rebounded from its multi-year lows, certain energy companies are in position to earn profits. Consequently, dividend payment expectations have risen along with these companies’ profitability. If you’re a long term investor, these high-dividend energy stocks can boost your monthly portfolio income.
Kunlun Energy Company Limited (SEHK:135)
135 has a nice dividend yield of 3.51% and pays out 35.61% of its profit as dividends . Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.12 to CN¥0.26. Continue research on Kunlun Energy here.
China Shenhua Energy Company Limited (SEHK:1088)
1088 has a great dividend yield of 5.33% and their current payout ratio is 38.45% , with analysts expecting this ratio in three years to be 41.49%. Despite there being some hiccups, dividends per share have increased during the past 10 years. China Shenhua Energy’s performance over the last 12 months beat the hk oil and gas industry, with the company reporting 42.15% EPS growth compared to its industry’s figure of 35.00%. Continue research on China Shenhua Energy here.
CNOOC Limited (SEHK:883)
883 has a nice dividend yield of 3.79% and pays out 74.72% of its profit as dividends . Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.32 to CN¥0.50. Analysts are expecting an impressive triple digit earnings growth over the next three years. Continue research on CNOOC here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.