SINOPEC Shandong Taishan Pectroleum Dividend
Dividend criteria checks 3/6
SINOPEC Shandong Taishan Pectroleum is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
37%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.040 |
| Earnings per share | CN¥0.12 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000554 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000554's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| SINOPEC Shandong Taishan Pectroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000554) | 0.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Oil and Gas) | 6.1% |
| Analyst forecast (000554) (up to 3 years) | n/a |
Notable Dividend: 000554's dividend (0.74%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000554's dividend (0.74%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.5%), 000554's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.7%), 000554's dividend payments are thoroughly covered by cash flows.