China Petroleum & Chemical Dividend
Dividend criteria checks 4/6
China Petroleum & Chemical is a dividend paying company with a current yield of 7.77% that is well covered by earnings.
Key information
7.8%
Dividend yield
73%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.46 |
Dividend yield forecast in 3Y | 9.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600028's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600028's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Petroleum & Chemical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600028) | 7.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Oil and Gas) | 6.1% |
Analyst forecast in 3 Years (600028) | 9.1% |
Notable Dividend: 600028's dividend (7.77%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600028's dividend (7.77%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.4%), 600028's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600028 is paying a dividend but the company has no free cash flows.