Zhongman Petroleum and Natural Gas Group Corp Stock

Zhongman Petroleum and Natural Gas Group Corp Dividend 2024

Zhongman Petroleum and Natural Gas Group Corp Dividend

0.5 CNY

Zhongman Petroleum and Natural Gas Group Corp Dividend yield

2.47 %

Ticker

603619.SS

ISIN

CNE100002TK0

How much dividend does Zhongman Petroleum and Natural Gas Group Corp 2024 pay?

According to the latest status from October 2024, Zhongman Petroleum and Natural Gas Group Corp paid a total of 0.5 CNY per share in dividends within the last 12 months. With the current Zhongman Petroleum and Natural Gas Group Corp price of 20.28 CNY, this corresponds to a dividend yield of 2.47 %. A dividend is paid times per year.

2.47 % Dividend Yield=
0.5 CNY Dividend
20.28 CNY Stock Price

Historical Zhongman Petroleum and Natural Gas Group Corp Dividends

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

PaydateDividend
11/9/20240.43
7/7/20240.62
7/15/20230.25
12/1/20220.1
8/8/20220.1
9/19/20190.02
8/16/20180.3
1

Zhongman Petroleum and Natural Gas Group Corp dividend history and estimates

In 2023, Zhongman Petroleum and Natural Gas Group Corp paid a dividend amounting to 0.5 CNY. Dividend means that Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Zhongman Petroleum and Natural Gas Group Corp's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Zhongman Petroleum and Natural Gas Group Corp Dividend History

DateZhongman Petroleum and Natural Gas Group Corp Dividend
2026e0.53 CNY
2025e0.55 CNY
2024e0.54 CNY
20230.5 CNY
20220.2 CNY
20190.02 CNY
20180.3 CNY

Is the Zhongman Petroleum and Natural Gas Group Corp Dividend Safe?

Zhongman Petroleum and Natural Gas Group Corp has been increasing the dividend for 2 years.

Over the past 10 years, Zhongman Petroleum and Natural Gas Group Corp has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 10.757%.

Analysts expect a Dividend Increase of 3.933% for the current fiscal year.

Zhongman Petroleum and Natural Gas Group Corp dividend payout ratio

In 2023, Zhongman Petroleum and Natural Gas Group Corp had a payout ratio of 88.19%. The payout ratio indicates the percentage of the company's profits that Zhongman Petroleum and Natural Gas Group Corp distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp'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.

Zhongman Petroleum and Natural Gas Group Corp Payout Ratio History

DateZhongman Petroleum and Natural Gas Group Corp Payout ratio
2026e68.48 %
2025e55.49 %
2024e61.75 %
202388.19 %
202216.53 %
202180.52 %
2020167.53 %
201957.5 %
2018428.57 %
2017167.53 %
2016167.53 %
2015167.53 %
2014167.53 %

Dividend Details

Understanding Zhongman Petroleum and Natural Gas Group Corp's Dividend Distributions

Zhongman Petroleum and Natural Gas Group Corp’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 Zhongman Petroleum and Natural Gas Group Corp'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

Zhongman Petroleum and Natural Gas Group Corp'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 Zhongman Petroleum and Natural Gas Group Corp’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.

Zhongman Petroleum and Natural Gas Group Corp Aktienanalyse

What does Zhongman Petroleum and Natural Gas Group Corp do?

Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp stock

How much dividend does Zhongman Petroleum and Natural Gas Group Corp pay?

Over the past 12 months, Zhongman Petroleum and Natural Gas Group Corp paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 2.47 %. For the coming 12 months, Zhongman Petroleum and Natural Gas Group Corp is expected to pay a dividend of 0.55 CNY.

What is the dividend yield of Zhongman Petroleum and Natural Gas Group Corp?

The current dividend yield of Zhongman Petroleum and Natural Gas Group Corp is 2.47 %.

When does Zhongman Petroleum and Natural Gas Group Corp pay dividends?

Zhongman Petroleum and Natural Gas Group Corp pays a quarterly dividend. This is distributed in the months of November, July, July, November.

How secure is the dividend of Zhongman Petroleum and Natural Gas Group Corp?

Zhongman Petroleum and Natural Gas Group Corp paid dividends every year for the past 5 years.

What is the dividend of Zhongman Petroleum and Natural Gas Group Corp?

For the upcoming 12 months, dividends amounting to 0.55 CNY are expected. This corresponds to a dividend yield of 2.7 %.

In which sector is Zhongman Petroleum and Natural Gas Group Corp located?

Zhongman Petroleum and Natural Gas Group Corp is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Zhongman Petroleum and Natural Gas Group Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhongman Petroleum and Natural Gas Group Corp from 10/9/2024 amounting to 0.43 CNY, you needed to have the stock in your portfolio before the ex-date on 10/9/2024.

When did Zhongman Petroleum and Natural Gas Group Corp pay the last dividend?

The last dividend was paid out on 10/9/2024.

What was the dividend of Zhongman Petroleum and Natural Gas Group Corp in the year 2023?

In the year 2023, Zhongman Petroleum and Natural Gas Group Corp distributed 0.2 CNY as dividends.

In which currency does Zhongman Petroleum and Natural Gas Group Corp pay out the dividend?

The dividends of Zhongman Petroleum and Natural Gas Group Corp are distributed in CNY.