China Petroleum & Chemical Corporation

SEHK:386 Stock Report

Market Cap: HK$789.8b

China Petroleum & Chemical Dividend

Dividend criteria checks 4/6

China Petroleum & Chemical is a dividend paying company with a current yield of 8.61% that is well covered by earnings.

Key information

8.6%

Dividend yield

70%

Payout ratio

Industry average yield7.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareHK$0.371
Earnings per shareHK$0.49
Dividend yield forecast10.2%

Recent dividend updates

Recent updates

Does China Petroleum & Chemical (HKG:386) Deserve A Spot On Your Watchlist?

Jul 20
Does China Petroleum & Chemical (HKG:386) Deserve A Spot On Your Watchlist?

We Think China Petroleum & Chemical (HKG:386) Is Taking Some Risk With Its Debt

Jun 20
We Think China Petroleum & Chemical (HKG:386) Is Taking Some Risk With Its Debt

Returns On Capital Are Showing Encouraging Signs At China Petroleum & Chemical (HKG:386)

May 25
Returns On Capital Are Showing Encouraging Signs At China Petroleum & Chemical (HKG:386)

China Petroleum & Chemical Corporation (HKG:386) Shares Could Be 32% Below Their Intrinsic Value Estimate

Mar 30
China Petroleum & Chemical Corporation (HKG:386) Shares Could Be 32% Below Their Intrinsic Value Estimate

Is China Petroleum & Chemical (HKG:386) Using Too Much Debt?

Mar 08
Is China Petroleum & Chemical (HKG:386) Using Too Much Debt?

Returns At China Petroleum & Chemical (HKG:386) Are On The Way Up

Feb 15
Returns At China Petroleum & Chemical (HKG:386) Are On The Way Up

Is China Petroleum & Chemical Corporation (HKG:386) Worth HK$3.7 Based On Its Intrinsic Value?

Dec 29
Is China Petroleum & Chemical Corporation (HKG:386) Worth HK$3.7 Based On Its Intrinsic Value?

Is China Petroleum & Chemical (HKG:386) A Risky Investment?

Dec 07
Is China Petroleum & Chemical (HKG:386) A Risky Investment?

China Petroleum & Chemical (HKG:386) Is Experiencing Growth In Returns On Capital

Nov 16
China Petroleum & Chemical (HKG:386) Is Experiencing Growth In Returns On Capital

A Look At The Intrinsic Value Of China Petroleum & Chemical Corporation (HKG:386)

Sep 30
A Look At The Intrinsic Value Of China Petroleum & Chemical Corporation (HKG:386)

Is China Petroleum & Chemical (HKG:386) A Risky Investment?

Aug 15
Is China Petroleum & Chemical (HKG:386) A Risky Investment?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 386's dividend payments have been volatile in the past 10 years.

Growing Dividend: 386's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

China Petroleum & Chemical Dividend Yield vs Market
How does 386 dividend yield compare to the market?
SegmentDividend Yield
Company (386)8.6%
Market Bottom 25% (HK)3.7%
Market Top 25% (HK)8.5%
Industry Average (Oil and Gas)7.3%
Analyst forecast (386) (up to 3 years)10.2%

Notable Dividend: 386's dividend (8.61%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.65%).

High Dividend: 386's dividend (8.61%) is in the top 25% of dividend payers in the Hong Kong market (8.5%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.2%), 386's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (123%), 386's dividend payments are not well covered by cash flows.


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