China Petroleum & Chemical Dividends and Buybacks
Dividend criteria checks 4/6
China Petroleum & Chemical is a dividend paying company with a current yield of 9% that is well covered by earnings.
Key information
9.0%
Dividend yield
-1.4%
Buyback Yield
| Total Shareholder Yield | 7.6% |
| Future Dividend Yield | 10.3% |
| Dividend Growth | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.371 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SNPM.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: SNPM.F'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 (SNPM.F) | 9.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (SNPM.F) (up to 3 years) | 10.3% |
Notable Dividend: SNPM.F's dividend (9%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SNPM.F's dividend (9%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.5%), SNPM.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (164.7%), SNPM.F's dividend payments are not well covered by cash flows.