China Petro & Chem H Dividend yield

China Petro & Chem H is part of Oil and Gas Producers business, which is part of Oil and Gas industry. China Petro & Chem H is a company from China, and his stocks are publicly traded.

China Petro & Chem H stock dividend

China Petro & Chem H paid a total dividend of 9,665 million HKD last year, for a market value of 113,745 millions (Market Cap 113,744 millions). China Petro & Chem H dividend per share is 0.39 HKD, and his stock market price 4.59 HKD.

According to the chart below, where dividend yield is displayed, China Petro & Chem H has a dividend yield of 8.42%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Oil and Gas industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare China Petro & Chem H stocks dividend with other Oil and Gas Producers companies or other of the best China dividend stocks list.

China Petro & Chem H Dividend Payout

About the ability of China Petro & Chem H to maintain his current dividend of HKD 0.39 per share, an amount that accounts for 8.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Petro & Chem H payout on ernings is currently 65.00%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures show that China Petro & Chem H can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Petro & Chem H is HKD 1.18 per share, which is higher than the dividend per share paid by the company of HKD 0.39, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Petro & Chem H, compared againt world market average, China companies, Oil and Gas industry and Oil and Gas Producers sector companies.

China Petro & Chem H Dividend History

Below you will find a table with the historical evolution of China Petro & Chem H's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	8.42%	0.39	65.00%	24,781
2022	14.50%	0.55	82.09%	25,513
2021	9.77%	0.35	106.06%	25,513
2020	10.59%	0.37	66.07%	25,513
2019	9.06%	0.42	73.68%	25,513
2018	11.42%	0.64	133.33%	25,513
2017	5.66%	0.32	69.57%	25,513
2016	2.89%	0.16	57.14%	25,513
2015	5.10%	0.24	48.98%	25,513

*In millions

Then you can see the evolution of China Petro & Chem H dividend stock, and compare it with the average of China stocks and that of the Oil and Gas Producers stocks.

China Petro & Chem H Stock performance

Finally, last moth China Petro & Chem H showed a return of 5.50% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a 23.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Oil and Gas Producers firms.