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City Lodge Hotels (JSE:CLH) Forward Dividend Yield % : 3.38% (As of May. 22, 2024)


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What is City Lodge Hotels Forward Dividend Yield %?

As of today (2024-05-22), the Forward Annual Dividend Yield of City Lodge Hotels is 3.38%.

As of today (2024-05-22), the Trailing Annual Dividend Yield of City Lodge Hotels is 3.38%.

JSE:CLH's Forward Dividend Yield % is ranked better than
64.87% of 353 companies
in the Travel & Leisure industry
Industry Median: 2.42 vs JSE:CLH: 3.38

City Lodge Hotels's Dividends per Share for the six months ended in Dec. 2023 was R0.08.

During the past 3 years, the average Dividends Per Share Growth Rate was -56.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of City Lodge Hotels was 49.00% per year. The lowest was -56.20% per year. And the median was 7.80% 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 City Lodge Hotels's Forward Dividend Yield %

For the Lodging subindustry, City Lodge Hotels'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.


City Lodge Hotels's Forward Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, City Lodge Hotels's Forward Dividend Yield % distribution charts can be found below:

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



City Lodge Hotels Forward Dividend Yield % Calculation

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

City Lodge Hotels Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.0600002024-03-132024-03-152024-03-18Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.0800002023-09-272023-09-292023-10-02Cash Dividendsemi-annuallyZAR:ZAR 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.

City Lodge Hotels's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.12/4.14
=2.90 %

Current Share Price is R4.14.
City Lodge Hotels's Dividends per Share for the forward twelve months is calculated as R0.06 * 2 = R0.12.

City Lodge Hotels's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.14/4.14
=3.38 %

Current Share Price is R4.14.
City Lodge Hotels's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.14.

* 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.


City Lodge Hotels  (JSE:CLH) 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.


City Lodge Hotels Forward Dividend Yield % Related Terms

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City Lodge Hotels (JSE:CLH) Business Description

Traded in Other Exchanges
Address
Corner Homestead Avenue and Main Road, The Lodge, Bryanston Gate Office Park, Bryanston, Johannesburg, GT, ZAF, 2191
City Lodge Hotels Ltd is a provider of lodging facilities in South Africa. The company's operating segment includes City Lodge; Town Lodge; Road Lodge; Courtyard Hotel; Central Office and the rest of Africa. It generates maximum revenue from the City Lodge segment.