Sinopec Oilfield Service Stock

Sinopec Oilfield Service Dividend 2024

Sinopec Oilfield Service Dividend

0 CNY

Sinopec Oilfield Service Dividend yield

1.1 %

Ticker

600871.SS

ISIN

CNE000000HS3

How much dividend does Sinopec Oilfield Service 2024 pay?

According to the latest status from September 2024, Sinopec Oilfield Service paid a total of 0 CNY per share in dividends within the last 12 months. With the current Sinopec Oilfield Service price of 1.81 CNY, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

1.1 % Dividend Yield=
0.02 CNY Dividend
1.81 CNY Stock Price

Historical Sinopec Oilfield Service Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend
8/13/20120.03
7/29/20110.03
8/23/20020.02
8/23/20010.09
8/13/20000.11
8/2/19970.03
11/22/19960.03
8/4/19960.08
11/13/19950.03
6/25/19950.06
11/24/19940.03
1

Sinopec Oilfield Service dividend history and estimates

In 2023, Sinopec Oilfield Service paid a dividend amounting to 0 CNY. Dividend means that Sinopec Oilfield Service distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Sinopec Oilfield Service provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Sinopec Oilfield Service’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Sinopec Oilfield Service's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Sinopec Oilfield Service Dividend History

DateSinopec Oilfield Service Dividend
20120.02 CNY
20110.02 CNY

Is the Sinopec Oilfield Service Dividend Safe?

Sinopec Oilfield Service has been increasing the dividend for 1 years.

Over the past 10 years, Sinopec Oilfield Service has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Sinopec Oilfield Service dividend payout ratio

In 2023, Sinopec Oilfield Service had a payout ratio of 14.29%. The payout ratio indicates the percentage of the company's profits that Sinopec Oilfield Service distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Sinopec Oilfield Service represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Sinopec Oilfield Service could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Sinopec Oilfield Service's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Sinopec Oilfield Service Payout Ratio History

DateSinopec Oilfield Service Payout ratio
2026e14.29 %
2025e14.29 %
2024e14.29 %
202314.29 %
202214.29 %
202114.29 %
202014.29 %
201914.29 %
201814.29 %
201714.29 %
201614.29 %
201514.29 %
201414.29 %
201314.29 %
2012-33.33 %
201114.29 %
201014.29 %
200914.29 %
200814.29 %
200714.29 %
200614.29 %
200514.29 %
200414.29 %

Dividend Details

Understanding Sinopec Oilfield Service's Dividend Distributions

Sinopec Oilfield Service’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Sinopec Oilfield Service's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Sinopec Oilfield Service's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Sinopec Oilfield Service’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Sinopec Oilfield Service Aktienanalyse

What does Sinopec Oilfield Service do?

Sinopec Oilfield Service Corp is a Chinese company in the oil and gas industry, founded in 2009 by China Petroleum & Chemical Corp (Sinopec). The company is one of the largest oilfield service providers in China, offering a wide range of products and services that span from exploration and production to processing and marketing of oil and gas. Sinopec Oilfield Service is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Sinopec Oilfield Service stock

How much dividend does Sinopec Oilfield Service pay?

Over the past 12 months, Sinopec Oilfield Service paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 1.1 %. For the coming 12 months, Sinopec Oilfield Service is expected to pay a dividend of 0 CNY.

What is the dividend yield of Sinopec Oilfield Service?

The current dividend yield of Sinopec Oilfield Service is 1.1 %.

When does Sinopec Oilfield Service pay dividends?

Sinopec Oilfield Service pays a quarterly dividend. This is distributed in the months of August, August, July, August.

How secure is the dividend of Sinopec Oilfield Service?

Sinopec Oilfield Service paid dividends every year for the past 3 years.

What is the dividend of Sinopec Oilfield Service?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Sinopec Oilfield Service located?

Sinopec Oilfield Service is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Sinopec Oilfield Service kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinopec Oilfield Service from 7/27/2012 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2012.

When did Sinopec Oilfield Service pay the last dividend?

The last dividend was paid out on 7/27/2012.

What was the dividend of Sinopec Oilfield Service in the year 2023?

In the year 2023, Sinopec Oilfield Service distributed 0 CNY as dividends.

In which currency does Sinopec Oilfield Service pay out the dividend?

The dividends of Sinopec Oilfield Service are distributed in CNY.

Andere Kennzahlen von Sinopec Oilfield Service

Our stock analysis for Sinopec Oilfield Service Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sinopec Oilfield Service Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.