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Petronas Gas Bhd (XKLS:6033) Forward Dividend Yield % : 4.88% (As of Apr. 30, 2024)


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What is Petronas Gas Bhd Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Petronas Gas Bhd is 4.88%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Petronas Gas Bhd is 4.00%.

XKLS:6033's Forward Dividend Yield % is ranked better than
61.37% of 422 companies
in the Utilities - Regulated industry
Industry Median: 4.095 vs XKLS:6033: 4.88

Petronas Gas Bhd's Dividends per Share for the three months ended in Dec. 2023 was RM0.18.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Petronas Gas Bhd was 17.00% per year. The lowest was -7.20% per year. And the median was 6.30% 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 Petronas Gas Bhd's Forward Dividend Yield %

For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.


Petronas Gas Bhd's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Petronas Gas Bhd's Forward Dividend Yield % falls into.



Petronas Gas Bhd Forward Dividend Yield % Calculation

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

Petronas Gas Bhd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MYR 0.2200002024-03-112024-03-122024-03-25Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.1800002023-12-042023-12-052023-12-15Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.1600002023-09-112023-09-122023-09-22Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.1600002023-06-062023-06-072023-06-20Cash DividendquarterlyMYR:MYR 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.

Petronas Gas Bhd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.88/18.00
=4.89 %

Current Share Price is RM18.00.
Petronas Gas Bhd's Dividends per Share for the forward twelve months is calculated as RM0.22 * 4 = RM0.88.

Petronas Gas Bhd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.72/18.00
=4.00 %

Current Share Price is RM18.00.
Petronas Gas Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is RM0.72.

* 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.


Petronas Gas Bhd  (XKLS:6033) 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.


Petronas Gas Bhd Forward Dividend Yield % Related Terms

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Petronas Gas Bhd (XKLS:6033) Business Description

Traded in Other Exchanges
Address
Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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