tiprankstipranks

Sinopec Declares Final Dividend for 2024

Story Highlights
Sinopec Declares Final Dividend for 2024

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

China Petroleum & Chemical Corporation has announced a final cash dividend of RMB 0.14 per share for the financial year ending December 31, 2024. The dividend will be paid on June 27, 2025, with specific tax implications for non-resident shareholders based on their country of residence and applicable tax treaties with China. This announcement reflects the company’s commitment to returning value to its shareholders and may influence its market positioning and stakeholder relations.

More about China Petroleum & Chemical

China Petroleum & Chemical Corporation, also known as Sinopec, is a major player in the oil and gas industry, primarily engaged in the exploration, production, and distribution of petroleum and petrochemical products. The company focuses on both domestic and international markets, providing energy and chemical solutions.

YTD Price Performance: -2.11%

Average Trading Volume: 21,769

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $91.05B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App