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Sinopec Announces Final Dividend for 2024

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Sinopec Announces Final Dividend for 2024

The latest announcement is out from China Petroleum & Chemical ( (HK:0386) ).

China Petroleum & Chemical Corporation announced a final cash dividend of RMB 0.14 per share for the financial year ending December 31, 2024, with shareholder approval scheduled for May 28, 2025. The announcement highlights the company’s commitment to returning value to shareholders and provides details on dividend distribution, including withholding tax information for non-resident shareholders, reflecting its adherence to international tax agreements.

More about China Petroleum & Chemical

China Petroleum & Chemical Corporation, also known as Sinopec, operates in the energy sector, focusing on the exploration, production, and distribution of petroleum and chemical products. It is one of the largest integrated energy and chemical companies in China, with a significant presence in both domestic and international markets.

YTD Price Performance: -10.21%

Average Trading Volume: 16,776

Technical Sentiment Signal: Buy

Current Market Cap: $89.67B

Find detailed analytics on 0386 stock on TipRanks’ Stock Analysis page.

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