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China Resources Gas Group (China Resources Gas Group) 3-Year Dividend Growth Rate : 6.50% (As of Dec. 2023)


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What is China Resources Gas Group 3-Year Dividend Growth Rate?

China Resources Gas Group's Dividends per Share for the six months ended in Dec. 2023 was $0.02.

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

CRGGF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -34.1   Med: 22   Max: 44.2
Current: 6.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Resources Gas Group was 44.20% per year. The lowest was -34.10% per year. And the median was 22.00% per year.

CRGGF's 3-Year Dividend Growth Rate is ranked better than
59.26% of 297 companies
in the Utilities - Regulated industry
Industry Median: 5.1 vs CRGGF: 6.50

During the past 12 months, China Resources Gas Group's average Dividends Per Share Growth Rate was -17.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.60% 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.

China Resources Gas Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.20. As of today, China Resources Gas Group's Dividend Yield % is 3.74%.

Warning Sign:

China Resources Gas Group Ltd stock dividend yield is close to 1-year low.

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


Competitive Comparison of China Resources Gas Group's 3-Year Dividend Growth Rate

For the Utilities - Regulated Gas subindustry, China Resources Gas Group'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.


China Resources Gas Group's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where China Resources Gas Group's 3-Year Dividend Growth Rate falls into.



China Resources Gas Group 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.


China Resources Gas Group  (OTCPK:CRGGF) 3-Year Dividend Growth Rate Explanation

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

China Resources Gas Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.019/ 0.093
=0.20

During the past 13 years, the highest Dividend Payout Ratio of China Resources Gas Group was 0.61. The lowest was 0.21. And the median was 0.30.

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

China Resources Gas Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1500002023-09-072023-09-112023-10-27Cash Dividendsemi-annuallyHKD:USD 0.127716
HKD 0.9000002023-05-302023-06-012023-07-18Cash Dividendsemi-annuallyHKD:USD 0.127707

* 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.

China Resources Gas Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.1340937/3.59
=3.74 %

Current Share Price is $3.59.
China Resources Gas Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.1340937.

During the past 13 years, the highest Dividend Yield of China Resources Gas Group was 6.05%. The lowest was 0.46%. And the median was 1.51%.

Warning Sign:

China Resources Gas Group Ltd stock dividend yield is close to 1-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.


China Resources Gas Group 3-Year Dividend Growth Rate Related Terms>


China Resources Gas Group (China Resources Gas Group) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Room 1901-02, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2022, CRG's portfolio comprised 273 city gas projects in China. The firm achieved annual gas sales volume of 35.9 billion cubic meters and has connected 53.9 million residential customers, or a penetration rate of 58.2%.

China Resources Gas Group (China Resources Gas Group) Headlines

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