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Corning Natural Gas Holding (Corning Natural Gas Holding) Forward Dividend Yield % : 3.39% (As of Apr. 29, 2024)


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What is Corning Natural Gas Holding Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of Corning Natural Gas Holding is 3.39%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of Corning Natural Gas Holding is 3.39%.

CNIGP.PFD's Forward Dividend Yield % is not ranked
in the Utilities - Regulated industry.
Industry Median: 4.13 vs CNIGP.PFD: 3.39

Corning Natural Gas Holding's Dividends per Share for the three months ended in Mar. 2022 was $0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Corning Natural Gas Holding was 58.70% per year. The lowest was 0.00% per year. And the median was 5.30% 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 Corning Natural Gas Holding's Forward Dividend Yield %

For the Utilities - Regulated Gas subindustry, Corning Natural Gas Holding'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.


Corning Natural Gas Holding's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

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

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



Corning Natural Gas Holding Forward Dividend Yield % Calculation

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


Corning Natural Gas Holding  (OTCPK:CNIGP.PFD) 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.


Corning Natural Gas Holding Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Corning Natural Gas Holding's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Corning Natural Gas Holding (Corning Natural Gas Holding) Business Description

Traded in Other Exchanges
N/A
Address
330 West William Street, Corning, NY, USA, 14830
Corning Natural Gas Holding Corp, through its subsidiaries, is engaged in natural gas and electric distribution. Its segments include Gas Company, Pike, Leatherstocking companies, and Holding company. The company serves residential, commercial, industrial, and municipal customers. The company generates the vast majority of its revenue from Gas distribution.
Executives
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030
Michael I German director, officer: CEO and President C/O ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Robert B Johnston director
Joseph P Mirabito director C/O THE WILBER CORPORATION, 245 MAIN STREET, PO BOX 430, ONEONTA NY 13820
Ted W Gibson director 330 WEST WILLIAM STREET, CORNING NY 14830
George J Welch director 330 WEST WILLIAM ST, CORNING NY 14830
Cook Henry B Jr director 330 WEST WILLIAM ST, CORNING NY 14830
William Mirabito director 188 HIGHLAND TERRACE, WEST ONEONTA NY 13861
Russell S Miller officer: SVP, Chief Information Officer
Matthew J Cook officer: SVP & Chief Operations Officer 330 WEST WILLIAM STREET, CORNING NY 14830
Charles A. Lenns officer: Vice President and CFO 330 WEST WILLIAM STREET, CORNING NY 14830
Stanley G Sleve officer: Vice President Administration
Anita G Zucker 10 percent owner 4838 JENKINS AVE, N CHARLESTON SC 29405
Firouzeh Sarhangi officer: Chief Financial Officer