China Petroleum & Chemical (BSP:C1HI34) Forward Dividend Yield %

: 16.06% (As of Today)

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As of today (2024-04-19), the Forward Annual Dividend Yield of China Petroleum & Chemical is 16.06%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of China Petroleum & Chemical is 16.06%.

BSP:C1HI34's Forward Dividend Yield % is ranked better than
85.66% of 495 companies
in the Oil & Gas industry
Industry Median: 4.22 vs BSP:C1HI34: 16.06

China Petroleum & Chemical's Dividends per Share for the three months ended in Sep. 2023 was R$0.00.

During the past 12 months, China Petroleum & Chemical's average Dividends Per Share Growth Rate was -31.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Petroleum & Chemical was 39.80% per year. The lowest was -19.20% per year. And the median was 9.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Petroleum & Chemical Forward Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's Forward Dividend Yield % falls into.

China Petroleum & Chemical Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

China Petroleum & Chemical (BSP:C1HI34) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

China Petroleum & Chemical Forward Dividend Yield % Related Terms

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China Petroleum & Chemical (BSP:C1HI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (BSP:C1HI34) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

SNPMF:USA 00386:Hong Kong CHU:Germany 600028:China

Address

No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728

Website

http://www.sinopec.com

China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.

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