PetroChina Dividend
Dividend criteria checks 4/6
PetroChina is a dividend paying company with a current yield of 9.65% that is well covered by earnings.
Key information
9.6%
Dividend yield
45%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.66 |
Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Recent updates
PetroChina: Investors Are Paid To Wait In This Inexpensive Global Energy Player
Sep 09PetroChina GAAP EPS of RMB0.45, revenue of RMB1.6T
Aug 25PetroChina intends to voluntarily delist its ADS from NYSE
Aug 12PetroChina Company Is Planning To Reduce Capex And Increase Renewables
May 26PetroChina: An Immensely Undervalued Stock For Those Seeking An Oil Play
Mar 07PetroChina: 10% Yield And Bullish 2022 Oil Outlook, Clouded By Geopolitical Risks
Dec 31PetroChina Is A Great Energy Play
Nov 23PetroChina: A Surprisingly Solid 7% Yield Ruined By Too Much Geopolitical Risk
Oct 04PetroChina: A Steal At 6 Times Forward Earnings
Aug 04PetroChina Has Become Attractive After Its Recent Correction
Jul 20PetroChina: Q1 2021 Earnings Boosted By One-Off Factors
May 04PetroChina strikes gas in China's Junggar Basin
Dec 21PetroChina: A Mixed View On Pipeline Asset Spin-Off
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTRC.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: PTRC.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
PetroChina Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PTRC.Y) | 9.6% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (PTRC.Y) | 8.0% |
Notable Dividend: PTRC.Y's dividend (9.65%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: PTRC.Y's dividend (9.65%) is in the top 25% of dividend payers in the US market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45%), PTRC.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), PTRC.Y's dividend payments are well covered by cash flows.