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Challenger (ASX:CGF) Forward Dividend Yield % : 3.80% (As of Apr. 26, 2024)


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What is Challenger Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Challenger is 3.80%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Challenger is 3.65%.

ASX:CGF's Forward Dividend Yield % is ranked worse than
50.52% of 386 companies
in the Insurance industry
Industry Median: 3.825 vs ASX:CGF: 3.80

Challenger's Dividends per Share for the six months ended in Dec. 2023 was A$0.12.

During the past 12 months, Challenger's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Challenger was 18.10% per year. The lowest was -35.30% per year. And the median was 9.10% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Challenger's Forward Dividend Yield %

For the Insurance - Life subindustry, Challenger'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.


Challenger's Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Challenger's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Challenger's Forward Dividend Yield % falls into.



Challenger Forward Dividend Yield % Calculation

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

Challenger Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.1302024-02-202024-02-212024-03-19Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.1202023-08-282023-08-292023-09-20Cash Dividendsemi-annuallyAUD:AUD 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.

Challenger's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.26/6.71
=3.87 %

Current Share Price is A$6.71.
Challenger's Dividends per Share for the forward twelve months is calculated as A$0.13 * 2 = A$0.26.

Challenger's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.25/6.71
=3.73 %

Current Share Price is A$6.71.
Challenger's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.25.

* 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.


Challenger  (ASX:CGF) 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.


Challenger Forward Dividend Yield % Related Terms

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Challenger (ASX:CGF) Business Description

Traded in Other Exchanges
Address
5 Martin Place, Level 2, Sydney, NSW, AUS, 2000
Challenger's core business is selling annuity products in the Australian retirement market and, since November 2016, selling Australian dollar-denominated annuities into Japan's large retirement market. The firm's annuity products provide investors guaranteed regular payments over an agreed term for an up-front lump sum investment and is designed primarily to protect investors from the longevity risk of outliving their savings. Challenger also operates a funds management business, Fidante Partners, which has minority stakes in several boutique global investment managers, and Challenger Investment Management, which primarily manages investments supporting its annuities business.

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