The Chinese energy company Cnooc Ltd. will reduce its dividend by 52 percent to 0.12 HKD (approximately 1.4 Euro cents), as the company announced at the announcement of the figures for the first half of 2016 on Wednesday. Last year, the interim dividend was 0.25 HKD.
Cnooc (China National Offshore Oil Corporation) pays its dividend in the form of an interim and a final dividend. Last year, a total of 0.50 HKD per share was paid.
