SINOPEC Engineering (Group) Co., Ltd., together with its subsidiaries, provides engineering, procurement, and construction (EPC) contracting services in the People's Republic of China, the Kingdom of Saudi Arabia, Kuwait, Russia, Malaysia, and internationally. It operates through four segments: Engineering, Consulting and Licensing; EPC Contracting; Construction; and Equipment manufacturing. The Engineering, Consulting and Licensing segment offers design, consulting, research and development, feasibility studies, and compliance certification services. The EPC Contracting segment provides integrated engineering, procurement, construction, maintenance, and project management services. The Construction segment offers infrastructure for oil refining and chemical industries, oil and gas storage, pipelines transportation, construction, renovation, expansion, repair and maintenance services, and large equipment lifting, as well as transportation services in construction projects. The Equipment Manufacturing segment designs, develops, manufactures, and sells equipment and spare parts for oil refining and chemical facilities. The company also provides technical, and equipment selling and leasing services, as well as medicine, pesticide, and chemical research services. The company serves petrol refining, chemical engineering, aromatics, coal chemicals, inorganic chemicals, pharmaceutical chemicals, clean energy, storage and transportation facilities, environmental protection, energy saving, and other industry sectors. The company is headquartered in Beijing, China. SINOPEC Engineering (Group) Co., Ltd. is a subsidiary of China Petrochemical Corporation.
SINOPEC Engineering Dividend Announcement
• SINOPEC Engineering announced a semi annually dividend of HK$0.16 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-03
• SINOPEC Engineering annual dividend for 2024 was HK$0.41
• SINOPEC Engineering annual dividend for 2023 was HK$0.36
• SINOPEC Engineering's trailing twelve-month (TTM) dividend yield is 6.81%
• SINOPEC Engineering's payout ratio for the trailing twelve months (TTM) is 60.73%
• SINOPEC Engineering's dividend growth over the last five years (2018-2023) was 8.27% year
• SINOPEC Engineering's dividend growth over the last ten years (2013-2023) was 10.48% year
SINOPEC Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | HK$0.16 | semi annually | 2024-10-28 |
2024-05-14 | HK$0.25 | semi annually | 2024-07-19 |
2023-09-05 | HK$0.13 | semi annually | 2023-10-27 |
2023-05-30 | HK$0.23 | semi annually | 2023-07-19 |
2022-09-09 | HK$0.14 | semi annually | 2022-10-28 |
2022-06-08 | HK$0.22 | semi annually | 2022-07-19 |
2022-05-16 | HK$0.22 | semi annually | |
2021-09-13 | HK$0.11 | semi annually | 2021-10-29 |
2021-05-13 | HK$0.19 | semi annually | 2021-07-19 |
2020-09-14 | HK$0.13 | semi annually | 2020-10-30 |
2020-05-13 | HK$0.21 | semi annually | 2020-08-20 |
2019-09-09 | HK$0.12 | semi annually | 2019-10-30 |
2019-05-14 | HK$0.12 | semi annually | 2019-07-19 |
2018-09-21 | HK$0.10 | semi annually | 2018-10-30 |
2018-05-21 | HK$0.14 | semi annually | 2018-07-13 |
2017-09-14 | HK$0.06 | semi annually | 2017-10-27 |
2017-05-22 | HK$0.08 | semi annually | 2017-07-14 |
2016-09-14 | HK$0.07 | semi annually | 2016-10-27 |
2016-05-20 | HK$0.18 | semi annually | 2016-06-30 |
2015-09-14 | HK$0.11 | semi annually | 2015-10-27 |
2015-05-21 | HK$0.19 | semi annually | 2015-06-30 |
2014-09-01 | HK$0.16 | semi annually | |
2014-05-13 | HK$0.19 | semi annually | 2014-06-30 |
2013-11-04 | HK$0.13 | semi annually | 2013-12-18 |
SINOPEC Engineering Dividend per year
SINOPEC Engineering Dividend growth
SINOPEC Engineering Dividend Yield
SINOPEC Engineering current trailing twelve-month (TTM) dividend yield is 6.81%. Interested in purchasing SINOPEC Engineering stock? Use our calculator to estimate your expected dividend yield:
SINOPEC Engineering Financial Ratios
SINOPEC Engineering Dividend FAQ
Other factors to consider when evaluating SINOPEC Engineering 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.
Place an order: Use the brokerage's trading platform to place an order to buy SINOPEC Engineering 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.
1. Determination of Dividend: SINOPEC Engineering'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, SINOPEC Engineering 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, SINOPEC Engineering 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 SINOPEC Engineering 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: SINOPEC Engineering 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, SINOPEC Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SINOPEC Engineering 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 SINOPEC Engineering'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 SINOPEC Engineering'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.