PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment is involved in marketing of refined products and trading business. The Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined products; and sale of natural gas. As of December 31, 2021, the company had a total length of 26,076 km, including 17,329 km of natural gas pipelines, 7,340 km of crude oil pipelines, and 1,407 km of refined product pipelines. The company is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; and production and sales of basic and derivative chemical, and other chemical products. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.
PetroChina Dividend Announcement
• PetroChina announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-11
• PetroChina annual dividend for 2024 was $0.06
• PetroChina annual dividend for 2023 was $0.06
• PetroChina's trailing twelve-month (TTM) dividend yield is 8.43%
• PetroChina's payout ratio for the trailing twelve months (TTM) is 102.76%
• PetroChina's dividend growth over the last five years (2018-2023) was 21.83% year
PetroChina Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | $0.03 | semi annually | 2024-10-28 |
2024-06-18 | $0.03 | semi annually | 2024-07-29 |
2023-09-12 | $0.03 | semi annually | 2023-10-30 |
2023-06-20 | $0.03 | semi annually | 2023-07-28 |
2022-09-09 | $0.03 | semi annually | 2022-10-28 |
2022-06-20 | $0.01 | semi annually | 2022-07-29 |
2021-09-09 | $0.02 | semi annually | 2021-10-29 |
2021-06-21 | $0.01 | semi annually | 2021-07-30 |
2020-09-29 | $0.01 | semi annually | 2020-11-13 |
2020-06-22 | $0.01 | semi annually | 2020-07-31 |
2019-09-16 | $0.01 | semi annually | 2019-11-01 |
2019-06-20 | $0.01 | semi annually | 2019-08-02 |
2018-09-13 | $0.01 | semi annually | 2018-11-01 |
2018-06-13 | $0.01 | semi annually | 2018-07-26 |
2017-09-07 | $0.01 | semi annually | 2017-10-27 |
2017-06-14 | $0.01 | semi annually | 2017-07-27 |
2016-09-13 | $0.00 | semi annually | |
2016-05-31 | $0.00 | semi annually | |
2015-09-10 | $0.01 | semi annually | |
2015-06-30 | $0.02 | semi annually | |
2014-09-11 | $0.03 | semi annually | |
2014-05-28 | $0.03 | semi annually |
PetroChina Dividend per year
PetroChina Dividend growth
PetroChina Dividend Yield
PetroChina current trailing twelve-month (TTM) dividend yield is 8.43%. Interested in purchasing PetroChina stock? Use our calculator to estimate your expected dividend yield:
PetroChina Financial Ratios
PetroChina Dividend FAQ
Other factors to consider when evaluating PetroChina 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.
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1. Determination of Dividend: PetroChina'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, PetroChina 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, PetroChina 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 PetroChina 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. Record Date: PetroChina 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, PetroChina distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PetroChina 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.
To assess the safety of PetroChina'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 PetroChina'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.