China Petroleum Engineering Corporation

SHSE:600339 Stock Report

Market Cap: CN¥17.4b

China Petroleum Engineering Dividend

Dividend criteria checks 3/6

China Petroleum Engineering is a dividend paying company with a current yield of 1.25% that is well covered by earnings.

Key information

1.3%

Dividend yield

30%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.13
Dividend yield forecast in 3Y2.6%

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600339 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600339's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

China Petroleum Engineering Dividend Yield vs Market
How does 600339 dividend yield compare to the market?
SegmentDividend Yield
Company (600339)1.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Energy Services)1.7%
Analyst forecast in 3 Years (600339)2.6%

Notable Dividend: 600339's dividend (1.25%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).

High Dividend: 600339's dividend (1.25%) is low compared to the top 25% of dividend payers in the CN market (2.37%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.6%), 600339's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.2%), 600339's dividend payments are well covered by cash flows.


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