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HGKGY (Power Assets Holdings) Forward Dividend Yield % : 5.54% (As of Dec. 14, 2024)


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What is Power Assets Holdings Forward Dividend Yield %?

As of today (2024-12-14), the Forward Annual Dividend Yield of Power Assets Holdings is 5.54%.

As of today (2024-12-14), the Trailing Annual Dividend Yield of Power Assets Holdings is 5.54%.

HGKGY's Forward Dividend Yield % is ranked better than
67.06% of 252 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.85 vs HGKGY: 5.54

Power Assets Holdings's Dividends per Share for the six months ended in Jun. 2024 was $0.26.

During the past 3 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Power Assets Holdings was 6.80% per year. The lowest was 0.10% per year. And the median was 1.30% 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 Power Assets Holdings's Forward Dividend Yield %

For the Utilities - Independent Power Producers subindustry, Power Assets Holdings'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.


Power Assets Holdings's Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's Forward Dividend Yield % distribution charts can be found below:

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



Power Assets Holdings Forward Dividend Yield % Calculation

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

Power Assets Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000692024-09-122024-09-122024-10-01Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.2608962024-05-242024-05-282024-06-18Cash Dividendsemi-annuallyUSD:USD 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.

Power Assets Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.200138/6.52
=3.07 %

Current Share Price is $6.52.
Power Assets Holdings's Dividends per Share for the forward twelve months is calculated as $0.100069 * 2 = $0.200138.

Power Assets Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.360965/6.52
=5.54 %

Current Share Price is $6.52.
Power Assets Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.360965.

* 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.


Power Assets Holdings  (OTCPK:HGKGY) 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.


Power Assets Holdings Forward Dividend Yield % Related Terms

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Power Assets Holdings Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the UK, Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its UK and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

Power Assets Holdings Headlines

From GuruFocus

Power Assets Holdings Ltd's Dividend Analysis

By GuruFocus Research 05-27-2024