PetroChina Dividend
Dividend criteria checks 5/6
PetroChina is a dividend paying company with a current yield of 7.74% that is well covered by earnings.
Key information
7.7%
Dividend yield
50%
Payout ratio
| Industry average yield | 6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.474 |
| Earnings per share | €0.90 |
| Dividend yield forecast | 8.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PECN's dividend payments have been volatile in the past 10 years.
Growing Dividend: PECN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PetroChina Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PECN) | 7.7% |
| Market Bottom 25% (AT) | 2.2% |
| Market Top 25% (AT) | 6.5% |
| Industry Average (Oil and Gas) | 6.9% |
| Analyst forecast (PECN) (up to 3 years) | 8.2% |
Notable Dividend: PECN's dividend (7.74%) is higher than the bottom 25% of dividend payers in the Austrian market (2.25%).
High Dividend: PECN's dividend (7.74%) is in the top 25% of dividend payers in the Austrian market (6.53%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), PECN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), PECN's dividend payments are well covered by cash flows.