PTR Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Petrochina Co Ltd, the DDM model, as implemented by StockNews, implies a positive return of 337.44% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Petrochina Co Ltd are:

• Given its market cap of around 56 billion US dollars, its dividend yield of 7.34 is greater than 97.3% of its fellow stocks in the mega market cap class.
• Regarding its relative worth based on the dividend discount model, PTR's provides a return of 337.44% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 95.23% of all stocks we measured with our dividend discount model.
• Based on dividend growth rate, Petrochina Co Ltd has been increasing its dividends at a faster rate than 5.33% of US-listed dividend-issuing stocks we observed.

PTR Dividends vs. Peers