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 Yield % Historical Data
* 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.
Competitive Comparison of China Petroleum & Chemical's Dividend Yield %
For the Oil & Gas Integrated subindustry, China Petroleum & Chemical's Dividend Yield %, along with its competitors' market caps and 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's Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where China Petroleum & Chemical's Dividend Yield % falls into.
China Petroleum & Chemical Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China Petroleum & Chemical Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.145
2023-09-07
2023-09-09
2023-09-28
Cash Dividend
semi-annually
CNY:HKD 1.073353
HKD 0.217
2023-06-12
2023-06-14
2023-06-30
Cash Dividend
semi-annually
HKD:HKD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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 (HKSE:00386) 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.
China Petroleum & Chemical Dividend Yield % Related Terms
Thank you for viewing the detailed overview of China Petroleum & Chemical's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
China Petroleum & Chemical (HKSE:00386) Business Description
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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