China Petroleum & ChemicalSHSE:600028 -1.72%51 Dividend Yield % is 4.31% as of Jun. 24, 2026, which is 51% below its 10-year median of 8.79. GuruFocus rates SHSE:600028 with a GF Score™ of 51/100 and a GF Value™ of ¥5.45 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 500 Oil & Gas companies, China Petroleum & Chemical ranks better than 66.6% on this metric.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of China Petroleum & Chemical Corp is 0.73, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of China Petroleum & Chemical was 1.00. The lowest was 0.37. And the median was 0.70.
During the past 12 months, China Petroleum & Chemical's average Dividends Per Share Growth Rate was -32.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -22.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% 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 -22.10% per year. And the median was 8.75% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
China Petroleum & Chemical (SHSE:600028) 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.
* 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.
SHSE:600028 vs XOM, CVX: Dividend Yield % Comparison
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 Dividend Yield % vs 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 0.112000
2026-06-17
2026-06-16
2026-06-17
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.088000
2025-09-12
2025-09-11
2025-09-12
Cash Dividend
semi-annually
CNY:CNY 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 (SHSE:600028) has a Dividend Yield % of 4.31% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on China Petroleum & Chemical and its competitors. This is 51% below median its historical median of 8.79. Over the past decade, China Petroleum & Chemical's Dividend Yield % has ranged from 1.76 to 16.61. According to the industry distribution chart, China Petroleum & Chemical ranks #167 out of 500 companies in the Oil & Gas industry, placing it in the top 33.4%.
Is China Petroleum & Chemical's Dividend Yield % too high?
China Petroleum & Chemical's current Dividend Yield % of 4.31% is 51% below median its 10-year median of 8.79. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 16.61. The Oil & Gas industry median Dividend Yield % is 3.80. China Petroleum & Chemical's value of 4.31% is 13.4% above this industry median. Based on the distribution chart, China Petroleum & Chemical ranks #167 out of 500 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, China Petroleum & Chemical has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum & Chemical's Dividend Yield % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, China Petroleum & Chemical ranks #167 out of 500 companies for Dividend Yield %. This puts China Petroleum & Chemical in the upper half of its industry. The industry median Dividend Yield % is 3.80. China Petroleum & Chemical's value of 4.31% is 13.4% above this benchmark. Historically, China Petroleum & Chemical's own Dividend Yield % has ranged from 1.76 to 16.61 over the past decade. While the company's 10-year median is 8.79 vs. the industry median of 3.80, China Petroleum & Chemical has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Oil & Gas company?
The median Dividend Yield % among Oil & Gas companies is 3.80, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Petroleum & Chemical's current Dividend Yield % of 4.31% is 13.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on China Petroleum & Chemical and its competitors. For the Oil & Gas industry, the median Dividend Yield % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Petroleum & Chemical's current Dividend Yield % is 4.31%, which is 51% below median its own 10-year median of 8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Petroleum & Chemical stock overvalued right now?
Based on GuruFocus' analysis, China Petroleum & Chemical (SHSE:600028) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.45, compared to a current price of ¥4.58 — trading 16% below its estimated fair value. The current Dividend Yield % is 4.31%, which is 51% below median its 10-year median of 8.79 and 13.4% above the Oil & Gas industry median of 3.80. China Petroleum & Chemical's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For China Petroleum & Chemical (SHSE:600028), the current Dividend Yield % is 4.31% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Petroleum & Chemical (SHSE:600028) Overvalued in 2026?
Based on GuruFocus' analysis, China Petroleum & Chemical stock appears to be undervalued.
The current stock price of ¥4.58 is trading 16% below its estimated GF Value™ of ¥5.45.
GuruFocus considers China Petroleum & Chemical to be Modestly Undervalued.
Key valuation signals for SHSE:600028:
Dividend Yield %: 4.31% (51% below median its 10-year median of 8.79)
GF Value™: ¥5.45 vs. price of ¥4.58 (16% below fair value)
Industry Position: 13.4% above the Oil & Gas median (#167 of 500)
No single metric tells the full story. See the SHSE:600028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in 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 a significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a stateowned 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 its peers, PetroChina and CNOOC. In 2025, Sinopec's production of oil and gas equivalent was 525.28 million barrels. The firm also processed 250.33 million metric tons of crude oil.
51GF Score
Get the complete analysis for SHSE:600028
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600028 has been successfully added to your 
