Ten Must Own Dividend-Paying Stocks for 2013

8. CNOOC Ltd.

Symbol: (NYSE:CEO)

Price: $175.62

The Hong Kong – based investment holding firm has a market cap $77.6 billion. The company’s 12 trailing months show a revenue of $39.49 billion with a net income of $10.16 billion.

CEO’s average price to earnings ratio (P/E ratio) amounts to 7.69 while the profit and operating margins amount to 25.72 percent and 34.64 percent, respectively. Quarterly earnings growth on a year-over-year basis: 2.90%. Total cash/mrq: $21.32 billion.

Forward annual dividend rate: 7.42, Yield: 4.30%

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