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Promigas (BOG:PROMIGAS) 3-Year Dividend Growth Rate : 6.40% (As of Sep. 2023)


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What is Promigas 3-Year Dividend Growth Rate?

Promigas's Dividends per Share for the three months ended in Sep. 2023 was COP104.00.

The historical rank and industry rank for Promigas's 3-Year Dividend Growth Rate or its related term are showing as below:

BOG:PROMIGAS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -45.6   Med: 0.1   Max: 7.1
Current: 6.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Promigas was 7.10% per year. The lowest was -45.60% per year. And the median was 0.10% per year.

BOG:PROMIGAS's 3-Year Dividend Growth Rate is ranked better than
58.45% of 296 companies
in the Utilities - Regulated industry
Industry Median: 5.05 vs BOG:PROMIGAS: 6.40

During the past 12 months, Promigas's average Dividends Per Share Growth Rate was 47.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Promigas's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.44. As of today, Promigas's Dividend Yield % is 3.83%.

Warning Sign:

Promigas SA stock dividend yield is close to 2-year low.

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


Competitive Comparison of Promigas's 3-Year Dividend Growth Rate

For the Utilities - Regulated Gas subindustry, Promigas's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Promigas's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Promigas's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Promigas's 3-Year Dividend Growth Rate falls into.



Promigas 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Promigas  (BOG:PROMIGAS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Promigas's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=104/ 238.836
=0.44

During the past 13 years, the highest Dividend Payout Ratio of Promigas was 5.79. The lowest was 0.23. And the median was 0.50.

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

Promigas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
COP 104.0000002023-09-152023-09-182023-09-21Cash DividendmonthlyCOP:COP 1.000000
COP 172.0000002023-06-142023-06-152023-06-21Cash DividendmonthlyCOP:COP 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Promigas's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=276/7200.00
=3.83 %

Current Share Price is COP7200.00.
Promigas's Dividends per Share for the trailing twelve months (TTM) ended in Today is COP276.

During the past 13 years, the highest Dividend Yield of Promigas was 18.52%. The lowest was 1.95%. And the median was 3.57%.

Warning Sign:

Promigas SA stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Promigas 3-Year Dividend Growth Rate Related Terms>


Promigas (BOG:PROMIGAS) Business Description

Traded in Other Exchanges
N/A
Address
Calle 66 No. 67 - 123, Barranquilla, COL
Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation, and exploration of natural gas, oil, and hydrocarbons in general, and the gas and oil activities in all their forms. It operates in five segments: Gas transportation, Gas distribution, Integrated solutions for the industry and power generation, Power distribution, and Non-bank financing. The transmission business consists of natural gas transmission, energy generation, and liquid natural gas. The distribution business consists of natural gas distribution, non-banking financing, and electrical power distribution. The company generates the majority of its revenue from the transport and distribution of natural gas.

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