GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (OTCPK:CLPHF) » Definitions » Forward Dividend Yield %
中文

CLP Holdings (CLP Holdings) Forward Dividend Yield % : 8.13% (As of Apr. 24, 2024)


View and export this data going back to . Start your Free Trial

What is CLP Holdings Forward Dividend Yield %?

As of today (2024-04-24), the Forward Annual Dividend Yield of CLP Holdings is 8.13%.

As of today (2024-04-24), the Trailing Annual Dividend Yield of CLP Holdings is 5.21%.

CLPHF's Forward Dividend Yield % is ranked better than
67.14% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.14 vs CLPHF: 8.13

CLP Holdings's Dividends per Share for the six months ended in Dec. 2023 was $0.16.

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 0.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CLP Holdings was 11.20% per year. The lowest was 0.20% per year. And the median was 2.25% 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 CLP Holdings's Forward Dividend Yield %

For the Utilities - Regulated Electric subindustry, CLP 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.


CLP Holdings's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CLP Holdings's Forward Dividend Yield % distribution charts can be found below:

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



CLP Holdings Forward Dividend Yield % Calculation

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

CLP Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 1.2102024-03-082024-03-122024-03-21Cash DividendquarterlyHKD:USD 0.127795
HKD 0.6302023-12-042023-12-062023-12-15Cash DividendquarterlyHKD:USD 0.128056
HKD 0.6302023-09-052023-09-062023-09-15Cash DividendquarterlyHKD:USD 0.127716
HKD 0.6302023-06-022023-06-062023-06-15Cash DividendquarterlyHKD:USD 0.127611

* 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6185278/7.61
=8.13 %

Current Share Price is $7.61.
CLP Holdings's Dividends per Share for the forward twelve months is calculated as $0.15463195 * 4 = $0.6185278.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.39616324/7.61
=5.21 %

Current Share Price is $7.61.
CLP Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.39616324.

* 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.


CLP Holdings  (OTCPK:CLPHF) 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.


CLP Holdings Forward Dividend Yield % Related Terms

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


CLP Holdings (CLP Holdings) Business Description

Traded in Other Exchanges
Address
8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

From GuruFocus

CLP Holdings Ltd's Dividend Analysis

By GuruFocus Research 12-04-2023