To summarise, shareholders should always check that China Aviation Oil (Singapore)'s dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend. It's great to see that China Aviation Oil (Singapore) is paying out a low percentage of its earnings and cash flow. Unfortunately, earnings growth has also been mediocre, and the company has cut its dividend at least once in the past. Overall we think China Aviation Oil (Singapore) is an interesting dividend stock, although it could be better.