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During the past 12 months, National Company KazMunayGaz JSC's average Dividends Per Share Growth Rate was 16.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 42.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Company KazMunayGaz JSC was 81.70% per year. The lowest was 10.00% per year. And the median was 37.05% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
National Company KazMunayGaz JSC (XKAZ:KMGZ) 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.
National Company KazMunayGaz JSC Forward Dividend Yield % Related Terms
XKAZ:KMGZ vs MPC, VLO, PSX: Forward Dividend Yield % Comparison
For the Oil & Gas Refining & Marketing subindustry, National Company KazMunayGaz JSC'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.
National Company KazMunayGaz JSC Forward Dividend Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Company KazMunayGaz JSC's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where National Company KazMunayGaz JSC's Forward Dividend Yield % falls into.
National Company KazMunayGaz JSC Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
National Company KazMunayGaz JSC Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
KZT 573.660000
2026-06-01
2026-05-30
2026-06-05
Cash Dividend
annually
KZT:KZT 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.
* 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.
What does a Forward Dividend Yield % of 1.61% mean?
National Company KazMunayGaz JSC (XKAZ:KMGZ) has a Forward Dividend Yield % of 1.61% as of Sep. 20, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on National Company KazMunayGaz JSC and its competitors. According to the industry distribution chart, National Company KazMunayGaz JSC ranks #411 out of 501 companies in the Oil & Gas industry, placing it in the top 82%.
Is National Company KazMunayGaz JSC's Forward Dividend Yield % too high?
National Company KazMunayGaz JSC's current Forward Dividend Yield % is 1.61%. The Oil & Gas industry median Forward Dividend Yield % is 3.87. National Company KazMunayGaz JSC's value of 1.61% is 58.4% below this industry median. Based on the distribution chart, National Company KazMunayGaz JSC ranks #411 out of 501 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, National Company KazMunayGaz JSC has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Company KazMunayGaz JSC's Forward Dividend Yield % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, National Company KazMunayGaz JSC ranks #411 out of 501 companies for Forward Dividend Yield %. This places National Company KazMunayGaz JSC in the lower half of its industry. The industry median Forward Dividend Yield % is 3.87. National Company KazMunayGaz JSC's value of 1.61% is 58.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Oil & Gas company?
The median Forward Dividend Yield % among Oil & Gas companies is 3.87, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Company KazMunayGaz JSC's current Forward Dividend Yield % of 1.61% is 58.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on National Company KazMunayGaz JSC and its competitors. For the Oil & Gas industry, the median Forward Dividend Yield % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Company KazMunayGaz JSC's current Forward Dividend Yield % is 1.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Company KazMunayGaz JSC stock overvalued right now?
Based on GuruFocus' analysis, National Company KazMunayGaz JSC (XKAZ:KMGZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₸19,777.96, compared to a current price of ₸35,560.00 — trading 79.8% above its estimated fair value. The current Forward Dividend Yield % is 1.61% and 58.4% below the Oil & Gas industry median of 3.87. National Company KazMunayGaz JSC's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For National Company KazMunayGaz JSC (XKAZ:KMGZ), the current Forward Dividend Yield % is 1.61% as of Sep. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Company KazMunayGaz JSC (XKAZ:KMGZ) Overvalued in 2026?
Based on GuruFocus' analysis, National Company KazMunayGaz JSC stock appears to be overvalued.
The current stock price of ₸35,560.00 is trading 79.8% above its estimated GF Value™ of ₸19,777.96.
GuruFocus considers National Company KazMunayGaz JSC to be Significantly Overvalued.
Key valuation signals for XKAZ:KMGZ:
Forward Dividend Yield %: 1.61%
GF Value™: ₸19,777.96 vs. price of ₸35,560.00 (79.8% above fair value)
Industry Position: 58.4% below the Oil & Gas median (#411 of 501)
No single metric tells the full story. See the XKAZ:KMGZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Company KazMunayGaz JSC Group's activities comprise the exploration and production of oil and gas, transportation, refining, and marketing of hydrocarbons and petroleum products, with trading activities carried out in the Republic of Kazakhstan. The Group's activity consists of three main operating segments: exploration and production of oil and gas, oil transportation, and refining and trading of crude oil and refined products, which generates maximum revenue. It operates in the UAE, which generates maximum revenue, as well as in Kazakhstan, Romania, Switzerland, the Netherlands, and other countries.
65GF Score
Get the complete analysis for XKAZ:KMGZ
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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