China Petroleum & Chemical Dividend
Dividend criteria checks 3/6
China Petroleum & Chemical is a dividend paying company with a current yield of 7.92% 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
7.9%
Dividend yield
71%
Payout ratio
| Industry average yield | 6.9% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 08 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.48 |
| Dividend yield forecast in 3Y | 9.3% |
Recent dividend updates
Recent updates
Does China Petroleum & Chemical (HKG:386) Deserve A Spot On Your Watchlist?
Jul 20
We Think China Petroleum & Chemical (HKG:386) Is Taking Some Risk With Its Debt
Jun 20Returns On Capital Are Showing Encouraging Signs At China Petroleum & Chemical (HKG:386)
May 25China Petroleum & Chemical Corporation (HKG:386) Shares Could Be 32% Below Their Intrinsic Value Estimate
Mar 30Is China Petroleum & Chemical (HKG:386) Using Too Much Debt?
Mar 08Returns At China Petroleum & Chemical (HKG:386) Are On The Way Up
Feb 15Is China Petroleum & Chemical Corporation (HKG:386) Worth HK$3.7 Based On Its Intrinsic Value?
Dec 29Is China Petroleum & Chemical (HKG:386) A Risky Investment?
Dec 07China Petroleum & Chemical (HKG:386) Is Experiencing Growth In Returns On Capital
Nov 16A Look At The Intrinsic Value Of China Petroleum & Chemical Corporation (HKG:386)
Sep 30Is China Petroleum & Chemical (HKG:386) A Risky Investment?
Aug 15China Petroleum & Chemical (HKG:386) Hasn't Managed To Accelerate Its Returns
Jul 19Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (386) | 7.9% |
| Market Bottom 25% (HK) | 3.5% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Oil and Gas) | 6.9% |
| Analyst forecast in 3 Years (386) | 9.3% |
Notable Dividend: 386's dividend (7.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 386's dividend (7.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.9%), 386's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 386 is paying a dividend but the company has no free cash flows.