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China Petroleum & Chemical (FRA:CHU) 5-Year Yield-on-Cost % : 8.09 (As of Apr. 27, 2024)


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What is China Petroleum & Chemical 5-Year Yield-on-Cost %?

China Petroleum & Chemical's yield on cost for the quarter that ended in Sep. 2023 was 8.09.


The historical rank and industry rank for China Petroleum & Chemical's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:CHU' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.58   Med: 5.57   Max: 17.03
Current: 8.09


During the past 13 years, China Petroleum & Chemical's highest Yield on Cost was 17.03. The lowest was 2.58. And the median was 5.57.


FRA:CHU's 5-Year Yield-on-Cost % is ranked better than
69.37% of 493 companies
in the Oil & Gas industry
Industry Median: 4.72 vs FRA:CHU: 8.09

Competitive Comparison of China Petroleum & Chemical's 5-Year Yield-on-Cost %

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's 5-Year Yield-on-Cost % falls into.



China Petroleum & Chemical 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of China Petroleum & Chemical is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

China Petroleum & Chemical  (FRA:CHU) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


China Petroleum & Chemical 5-Year Yield-on-Cost % 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.