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Delta Natural Gas Co (Delta Natural Gas Co) Forward Dividend Yield % : 2.44% (As of Apr. 25, 2024)


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What is Delta Natural Gas Co Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Delta Natural Gas Co is 2.44%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Delta Natural Gas Co is 2.64%.

DGAS's Forward Dividend Yield % is not ranked
in the Utilities - Regulated industry.
Industry Median: 4.18 vs DGAS: 2.44

Delta Natural Gas Co's Dividends per Share for the three months ended in Jun. 2017 was $0.42.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Delta Natural Gas Co's Forward Dividend Yield %

For the Utilities - Regulated Gas subindustry, Delta Natural Gas Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delta Natural Gas Co's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Delta Natural Gas Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Delta Natural Gas Co's Forward Dividend Yield % falls into.



Delta Natural Gas Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Delta Natural Gas Co  (NAS:DGAS) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Delta Natural Gas Co Forward Dividend Yield % Related Terms

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Delta Natural Gas Co (Delta Natural Gas Co) Business Description

Traded in Other Exchanges
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Address
Delta Natural Gas Co Inc was incorporated under the laws of the Commonwealth of Kentucky on October 7, 1949. The Company distributes or transports natural gas. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transport natural gas to industrial customers who purchase their natural gas in the open market. It also transports natural gas on behalf of local producers and customers not on its distribution system and extract liquids from natural gas in its storage field and on its pipeline systems that are sold at market prices. The Company operates through two segments, a regulated segment and a non-regulated segment. Through regulated segment, the company distributes natural gas to their retail customers in 23 predominantly rural counties. In addition, the regulated segment transports natural gas to large-volume customers on its system who purchase their natural gas in the open market. The regulated segment also transports natural gas on behalf of local producers and other customers not on its distribution system. The non-regulated segment includes three wholly-owned subsidiaries. Two of these subsidiaries, Delta Resources and Delgasco, purchase natural gas in the open market, including natural gas from Kentucky producers. The Company resells this natural gas to industrial customers on its distribution system and to others not on its system. The competes with alternate sources of energy for its regulated distribution customers. These alternate sources include electricity, geo-thermal, coal, oil, propane, wood and solar.

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