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 12.53%
• 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 |
| 2022-06-21 | $0.01 | semi annually | 2022-07-29 |
| 2022-06-20 | $0.01 | semi annually | |
| 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 | 2019-08-02 |
| 2018-09-13 | $0.01 | semi annually | 2018-11-01 |
| 2018-06-13 | $0.01 | semi annually | 2018-07-26 |
| 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 12.53%. Interested in purchasing PetroChina stock? Use our calculator to estimate your expected dividend yield:
PetroChina Financial Ratios
P/E ratio6.12
PEG ratio0.01
P/B ratio0.67
ROE10.95%
Payout ratio102.76%
Current ratio0.95
Quick ratio0.71
Cash Ratio0.35
PetroChina Dividend FAQ
How much is the next PetroChina dividend?
PetroChina's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next PetroChina dividend. The next PetroChina dividend will be released in June, or September.
When is PetroChina dividend paid?
PetroChina 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 PetroChina pay?
The specific amount of PetroChina 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 PetroChina's dividend history.
Does PetroChina stock pay dividends?
Yes, PetroChina 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 PetroChina's dividend history.
How much dividend does PetroChina pay?
PetroChina paid $0.063 in 2024, $0.06 in 2023, $0.058 in 2022, $0.034 in 2021, and $0.022 in 2020.
How often does PetroChina pay dividends?
PetroChina 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 PetroChina's dividend yield?
The current dividend yield for PetroChina is 12.53%. 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 PetroChina's exact dividend yield.
When does PetroChina go ex dividend?
PetroChina's ex-dividend date for the latest dividend was on 2024-09-11. PetroChina 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 PetroChina dividend paid?
PetroChina pays dividends on a semi annually basis, typically around June, or September, but the exact dates can vary each year.
Will PetroChina 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 PetroChina 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 PetroChina dividend per share?
PetroChina paid $0.063 per share in 2024 and $0.06 per share in 2023. The amount of dividend per share that PetroChina 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 PetroChina 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 PetroChina 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 PetroChina a dividend stock?
Yes, PetroChina is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is PetroChina a good dividend stock?
Whether PetroChina is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. PetroChina has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does PetroChina pay dividends monthly?
PetroChina typically pays dividends on a semi annually basis.
Does PetroChina pay dividends quarterly?
PetroChina currently pays dividends on a semi annually basis.
Has PetroChina ever paid a dividend?
Yes, PetroChina has a history of paying dividends to its shareholders. PetroChina is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy PetroChina dividend stocks?
To buy PetroChina 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 PetroChina 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 PetroChina 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 PetroChina pay dividends 2024?
PetroChina pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-28. 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 PetroChina increase its dividend in 2024?
Decisions regarding PetroChina 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 PetroChina dividend overview you can look into the above table of dividend history.
How PetroChina dividend works?
The PetroChina 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 PetroChina's dividend process works:
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. 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.
How are PetroChina dividends paid?
PetroChina dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does PetroChina pay dividends?
PetroChina 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 PetroChina pay dividends?
The general pattern is that PetroChina 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 PetroChina dividend safe?
The safety of PetroChina'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 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.
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.