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China Petroleum & Chemical (FRA:CHU) Forward Dividend Yield % : 9.11% (As of Apr. 27, 2024)


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What is China Petroleum & Chemical Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of China Petroleum & Chemical is 9.11%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of China Petroleum & Chemical is 7.89%.

FRA:CHU's Forward Dividend Yield % is ranked better than
84.74% of 498 companies
in the Oil & Gas industry
Industry Median: 4.205 vs FRA:CHU: 9.11

China Petroleum & Chemical's Dividends per Share for the three months ended in Sep. 2023 was €0.02.

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 of China Petroleum & Chemical's Forward Dividend Yield %

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's Forward Dividend Yield % Distribution in the Oil & Gas Industry

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 Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1452023-09-072023-09-092023-09-28Cash Dividendsemi-annuallyCNY:EUR 0.128448
HKD 0.2172023-06-122023-06-142023-06-30Cash Dividendsemi-annuallyHKD:EUR 0.117785

* 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.

China Petroleum & Chemical's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.03724992/0.57
=6.54 %

Current Share Price is €0.57.
China Petroleum & Chemical's Dividends per Share for the forward twelve months is calculated as €0.01862496 * 2 = €0.03724992.

China Petroleum & Chemical's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.044184305/0.57
=7.75 %

Current Share Price is €0.57.
China Petroleum & Chemical's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.044184305.

* 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  (FRA:CHU) 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 (FRA:CHU) Business Description

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.