China Petroleum & Chemical Dividends and Buybacks
Dividend criteria checks 4/6
China Petroleum & Chemical is a dividend paying company with a current yield of 8.91% that is well covered by earnings.
Key information
8.9%
Dividend yield
-1.4%
Buyback Yield
| Total Shareholder Yield | 7.6% |
| Future Dividend Yield | 10.2% |
| Dividend Growth | 7.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.371 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CHU's dividend payments have been volatile in the past 10 years.
Growing Dividend: CHU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Petroleum & Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CHU) | 8.9% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (CHU) (up to 3 years) | 10.2% |
Notable Dividend: CHU's dividend (8.91%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: CHU's dividend (8.91%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.5%), CHU's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (164.7%), CHU's dividend payments are not well covered by cash flows.