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Channel Infrastructure NZ (NZSE:CHI) Forward Dividend Yield % : 6.69% (As of May. 25, 2024)


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What is Channel Infrastructure NZ Forward Dividend Yield %?

As of today (2024-05-25), the Forward Annual Dividend Yield of Channel Infrastructure NZ is 6.69%.

As of today (2024-05-25), the Trailing Annual Dividend Yield of Channel Infrastructure NZ is 6.69%.

NZSE:CHI's Forward Dividend Yield % is ranked better than
69.8% of 490 companies
in the Oil & Gas industry
Industry Median: 4.345 vs NZSE:CHI: 6.69

Channel Infrastructure NZ's Dividends per Share for the six months ended in Dec. 2023 was NZ$0.04.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Channel Infrastructure NZ was 51.80% per year. The lowest was -34.40% per year. And the median was 7.40% 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 Channel Infrastructure NZ's Forward Dividend Yield %

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.


Channel Infrastructure NZ's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Forward Dividend Yield % distribution charts can be found below:

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



Channel Infrastructure NZ Forward Dividend Yield % Calculation

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

Channel Infrastructure NZ Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0630002024-03-132024-03-142024-03-28Cash Dividendsemi-annuallyNZD:NZD 1.000000
NZD 0.0420002023-09-052023-09-062023-09-20Cash Dividendsemi-annuallyNZD:NZD 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.

Channel Infrastructure NZ's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.126/1.57
=8.03 %

Current Share Price is NZ$1.57.
Channel Infrastructure NZ's Dividends per Share for the forward twelve months is calculated as NZ$0.063 * 2 = NZ$0.126.

Channel Infrastructure NZ's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.105/1.57
=6.69 %

Current Share Price is NZ$1.57.
Channel Infrastructure NZ's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.105.

* 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.


Channel Infrastructure NZ  (NZSE:CHI) 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.


Channel Infrastructure NZ Forward Dividend Yield % Related Terms

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Channel Infrastructure NZ (NZSE:CHI) Business Description

Traded in Other Exchanges
Address
Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.

Channel Infrastructure NZ (NZSE:CHI) Headlines