GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (SHSE:600028) » Definitions » Dividend Payout Ratio

China Petroleum & Chemical (SHSE:600028) Dividend Payout Ratio : 0.99 (As of Sep. 2023)


View and export this data going back to 2001. Start your Free Trial

What is China Petroleum & Chemical Dividend Payout Ratio?

China Petroleum & Chemical's dividend payout ratio for the months ended in Sep. 2023 was 0.99.

The historical rank and industry rank for China Petroleum & Chemical's Dividend Payout Ratio or its related term are showing as below:

SHSE:600028' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.61   Max: 1.76
Current: 0.61


During the past 13 years, the highest Dividend Payout Ratio of China Petroleum & Chemical was 1.76. The lowest was 0.37. And the median was 0.61.

SHSE:600028's Dividend Payout Ratio is ranked worse than
65.41% of 451 companies
in the Oil & Gas industry
Industry Median: 0.44 vs SHSE:600028: 0.61

As of today (2024-04-25), the Dividend Yield % of China Petroleum & Chemical is 5.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of China Petroleum & Chemical was 16.61%. The lowest was 2.52%. And the median was 5.43%.

China Petroleum & Chemical's Dividends per Share for the months ended in Sep. 2023 was ¥0.15.

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.


China Petroleum & Chemical Dividend Payout Ratio Historical Data

The historical data trend for China Petroleum & Chemical's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Petroleum & Chemical Dividend Payout Ratio Chart

China Petroleum & Chemical Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.72 1.74 0.37 0.79

China Petroleum & Chemical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 - - 1.59 0.99

Competitive Comparison of China Petroleum & Chemical's Dividend Payout Ratio

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where China Petroleum & Chemical's Dividend Payout Ratio falls into.



China Petroleum & Chemical Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

China Petroleum & Chemical's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=0.47/ 0.596
=0.79

China Petroleum & Chemical's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.145/ 0.146
=0.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Petroleum & Chemical (SHSE:600028) Dividend Payout Ratio Explanation

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.


China Petroleum & Chemical Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of China Petroleum & Chemical's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Petroleum & Chemical (SHSE:600028) Business Description

Traded in Other Exchanges
Address
No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728
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.

China Petroleum & Chemical (SHSE:600028) Headlines

No Headlines