China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes and sells refined petroleum products, including gasoline and diesel through wholesale and retail sales networks. In addition, the company manufactures and sells petrochemical and derivative petrochemical products; and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers. Further, it is involved in the exploration, production, and sale of petroleum and natural gas; production, storage, and sale of petrochemical and coal chemical products; import and export of petroleum products, natural gas, petrochemical, and chemical products; production and sale of catalyst products, lubricant base oil, polyester chips and fibers, plastics, and intermediate petrochemical products; research, development, production, and sale of ethylene and downstream byproducts; provision of geophysical exploration, drilling, survey, logging, downhole operational services, and construction services, as well as crude oil jetty services and natural gas pipeline transmission services; manufacturing production equipment; and coal chemical industry investment management activities. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.
China Petroleum & Chemical Dividend Announcement
• China Petroleum & Chemical announced a semi annually dividend of $0.02 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-05
• China Petroleum & Chemical annual dividend for 2024 was $0.05
• China Petroleum & Chemical annual dividend for 2023 was $0.05
• China Petroleum & Chemical's trailing twelve-month (TTM) dividend yield is 1.24%
• China Petroleum & Chemical's payout ratio for the trailing twelve months (TTM) is 29.67%
• China Petroleum & Chemical's dividend growth over the last five years (2018-2023) was -39.36% year
• China Petroleum & Chemical's dividend growth over the last ten years (2013-2023) was -14.72% year
China Petroleum & Chemical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-05 | $0.02 | semi annually | 2024-09-26 |
| 2024-07-08 | $0.03 | semi annually | 2024-07-26 |
| 2023-09-07 | $0.02 | semi annually | 2023-09-28 |
| 2023-06-12 | $0.03 | semi annually | 2023-06-30 |
| 2022-09-08 | $0.02 | semi annually | 2022-09-29 |
| 2022-05-31 | $0.05 | semi annually | 2022-06-23 |
| 2021-09-09 | $0.02 | semi annually | 2021-09-30 |
| 2021-06-08 | $0.02 | semi annually | 2021-06-28 |
| 2020-10-14 | $0.01 | semi annually | 2020-11-05 |
| 2020-06-02 | $0.21 | semi annually | 2020-06-19 |
| 2019-09-06 | $0.02 | semi annually | 2019-09-26 |
| 2019-05-31 | $0.04 | semi annually | 2019-06-21 |
| 2018-09-04 | $0.18 | semi annually | 2018-09-21 |
| 2018-05-25 | $0.40 | semi annually | 2018-06-14 |
| 2017-09-11 | $0.10 | semi annually | 2017-09-29 |
| 2017-07-10 | $0.00 | semi annually | 2017-07-28 |
| 2016-09-09 | $0.01 | semi annually | |
| 2016-06-15 | $0.01 | semi annually | |
| 2015-09-14 | $0.11 | semi annually | |
| 2015-06-10 | $0.14 | semi annually | |
| 2014-09-15 | $0.01 | semi annually | |
| 2014-05-22 | $0.02 | semi annually | |
| 2013-09-05 | $0.08 | semi annually | |
| 2013-06-10 | $0.15 | semi annually |
China Petroleum & Chemical Dividend per year
China Petroleum & Chemical Dividend growth
China Petroleum & Chemical Dividend Yield
China Petroleum & Chemical current trailing twelve-month (TTM) dividend yield is 1.24%. Interested in purchasing China Petroleum & Chemical stock? Use our calculator to estimate your expected dividend yield:
China Petroleum & Chemical Financial Ratios
P/E ratio8.03
PEG ratio0.01
P/B ratio0.57
ROE7.21%
Payout ratio29.67%
Current ratio0.85
Quick ratio0.45
Cash Ratio0.16
China Petroleum & Chemical Dividend FAQ
How much is the next China Petroleum & Chemical dividend?
China Petroleum & Chemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next China Petroleum & Chemical dividend. The next China Petroleum & Chemical dividend will be released in June, or September.
When is China Petroleum & Chemical dividend paid?
China Petroleum & Chemical pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does China Petroleum & Chemical pay?
The specific amount of China Petroleum & Chemical dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Petroleum & Chemical's dividend history.
Does China Petroleum & Chemical stock pay dividends?
Yes, China Petroleum & Chemical does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Petroleum & Chemical's dividend history.
How much dividend does China Petroleum & Chemical pay?
China Petroleum & Chemical paid $0.049 in 2024, $0.048 in 2023, $0.07 in 2022, $0.045 in 2021, and $0.218 in 2020.
How often does China Petroleum & Chemical pay dividends?
China Petroleum & Chemical typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and September.
What is China Petroleum & Chemical's dividend yield?
The current dividend yield for China Petroleum & Chemical is 1.24%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate China Petroleum & Chemical's exact dividend yield.
When does China Petroleum & Chemical go ex dividend?
China Petroleum & Chemical's ex-dividend date for the latest dividend was on 2024-09-05. China Petroleum & Chemical typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next China Petroleum & Chemical dividend paid?
China Petroleum & Chemical pays dividends on a semi annually basis, typically around June, or September, but the exact dates can vary each year.
Will China Petroleum & Chemical increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether China Petroleum & Chemical will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is China Petroleum & Chemical dividend per share?
China Petroleum & Chemical paid $0.049 per share in 2024 and $0.048 per share in 2023. The amount of dividend per share that China Petroleum & Chemical pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is China Petroleum & Chemical a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is China Petroleum & Chemical a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is China Petroleum & Chemical a dividend stock?
Yes, China Petroleum & Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Petroleum & Chemical a good dividend stock?
Whether China Petroleum & Chemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. China Petroleum & Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China Petroleum & Chemical as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating China Petroleum & Chemical as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does China Petroleum & Chemical pay dividends monthly?
China Petroleum & Chemical typically pays dividends on a semi annually basis.
Does China Petroleum & Chemical pay dividends quarterly?
China Petroleum & Chemical currently pays dividends on a semi annually basis.
Has China Petroleum & Chemical ever paid a dividend?
Yes, China Petroleum & Chemical has a history of paying dividends to its shareholders. China Petroleum & Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Petroleum & Chemical dividend stocks?
To buy China Petroleum & Chemical you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy China Petroleum & Chemical stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy China Petroleum & Chemical stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does China Petroleum & Chemical pay dividends 2024?
China Petroleum & Chemical pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will China Petroleum & Chemical increase its dividend in 2024?
Decisions regarding China Petroleum & Chemical dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date China Petroleum & Chemical dividend overview you can look into the above table of dividend history.
How China Petroleum & Chemical dividend works?
The China Petroleum & Chemical dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how China Petroleum & Chemical's dividend process works:
1. Determination of Dividend: China Petroleum & Chemical's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, China Petroleum & Chemical publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, China Petroleum & Chemical distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from China Petroleum & Chemical are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: China Petroleum & Chemical's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, China Petroleum & Chemical publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, China Petroleum & Chemical distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from China Petroleum & Chemical are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are China Petroleum & Chemical dividends paid?
China Petroleum & Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China Petroleum & Chemical sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, China Petroleum & Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Petroleum & Chemical declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: China Petroleum & Chemical sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, China Petroleum & Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Petroleum & Chemical declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does China Petroleum & Chemical pay dividends?
China Petroleum & Chemical typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does China Petroleum & Chemical pay dividends?
The general pattern is that China Petroleum & Chemical pays dividends around June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Petroleum & Chemical dividend safe?
The safety of China Petroleum & Chemical's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of China Petroleum & Chemical's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review China Petroleum & Chemical's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of China Petroleum & Chemical's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review China Petroleum & Chemical's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.