China Petroleum & Chemical Corporation
XSSC:600028 Stock Report
China Petroleum & Chemical Dividends and Buybacks
Dividend criteria checks 4/6
China Petroleum & Chemical is a dividend paying company with a current yield of 8.75% that is well covered by earnings.
Key information
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 10.0% |
| Dividend Growth | 7.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.345 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Stability and Growth of Payments
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 |
|---|
How does 600028 dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (600028) | 8.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Oil and Gas) | 6.2% |
| Analyst forecast (600028) (up to 3 years) | 10.0% |
Notable Dividend: 600028's dividend (8.75%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).
High Dividend: 600028's dividend (8.75%) is in the top 25% of dividend payers in the CN market (2.06%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.5%), 600028's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (164.9%), 600028's dividend payments are not well covered by cash flows.
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