Petrochina H Dividend yield




   HKD/share 
 Price  2.40
 Dividend  0.17
 Earnings  0.33
 Cash-flow  2.18
 Book value  8.00
 Equity  8.05

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

Petrochina H paid a total dividend of 3,587 million HKD last year, for a market value of 50,638 millions (Market Cap 49,939 millions). Dividend per share of Petrochina H is 0.17 HKD, and his stock market price 2.40 HKD.

According to the chart below, where dividend yield is displayed, Petrochina H has a dividend yield of 7.09%, 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 Petrochina H dividend yield with other Oil and Gas Producers companies or firms from China.

Dividend yield of Petrochina H

Petrochina H Dividend Payout

About the ability of Petrochina H to maintain his current dividend of HKD 0.17 per share, an amount that accounts for 7.09%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Petrochina H payout on ernings is currently 51.52%, which is higher than the market average, and companies of Oil and Gas industry, which are 38.57% and 45.97% respectively. Both figures show that Petrochina 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 Petrochina H is HKD 2.18 per share, which is higher than the dividend per share paid by the company of HKD 0.17, so the company generates enough cash to maintain his dividend in the future.

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

Petrochina H payout

Petrochina H Dividend History

Year Yield  HKD  Paypout  Shares* 
Present7.09%0.1751.52%21,099
20194.80%0.1954.29%21,099
20187.22%0.35205.88%21,099
20171.05%0.0675.00%21,099
20160.59%0.0312.50%21,099
20153.58%0.2027.40%21,099

*In millions

Petrochina H Stock performance

Finally, last moth Petrochina H showed a return of -2.80% compared to a worldwide 3.99% average, and a 5.49% of Oil and Gas firms. Over the last year, the company obtained a -38.60% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for China and Oil and Gas Producers firms.

Petrochina H stock and market return