China Petroleum & Chemical is a dividend paying company with a current yield of 7.96% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 8th July, 2024.
Key information
8.0%
Dividend yield
73%
Payout ratio
Industry average yield
3.2%
Next dividend pay date
26 Jul 24
Ex dividend date
08 Jul 24
Dividend per share
n/a
Earnings per share
€0.46
Dividend yield forecast in 3Y
9.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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
How does CHU dividend yield compare to the market?
Segment
Dividend Yield
Company (CHU)
8.0%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Oil and Gas)
3.2%
Analyst forecast in 3 Years (CHU)
9.4%
Notable Dividend: CHU's dividend (7.96%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: CHU's dividend (7.96%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.4%), CHU's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CHU is paying a dividend but the company has no free cash flows.