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New Hope (New Hope) 3-Year Dividend Growth Rate : 59.60% (As of Jan. 2024)


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What is New Hope 3-Year Dividend Growth Rate?

New Hope's Dividends per Share for the six months ended in Jan. 2024 was $0.14.

The historical rank and industry rank for New Hope's 3-Year Dividend Growth Rate or its related term are showing as below:

NHPEF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -48.9   Med: 16.8   Max: 173.1
Current: 59.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of New Hope was 173.10% per year. The lowest was -48.90% per year. And the median was 16.80% per year.

NHPEF's 3-Year Dividend Growth Rate is ranked better than
50.91% of 55 companies
in the Other Energy Sources industry
Industry Median: 58.7 vs NHPEF: 59.60

During the past 12 months, New Hope's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 59.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

New Hope's Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.70. As of today, New Hope's Dividend Yield % is 8.09%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of New Hope's 3-Year Dividend Growth Rate

For the Thermal Coal subindustry, New Hope's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


New Hope's 3-Year Dividend Growth Rate Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, New Hope's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where New Hope's 3-Year Dividend Growth Rate falls into.



New Hope 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


New Hope  (OTCPK:NHPEF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

New Hope's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.139/ 0.198
=0.70

During the past 13 years, the highest Dividend Payout Ratio of New Hope was 2.16. The lowest was 0.23. And the median was 0.57.

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

New Hope Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.1702024-04-152024-04-162024-05-01Cash Dividendsemi-annuallyAUD:USD 0.655738
AUD 0.2102023-10-232023-10-242023-11-07Cash Dividendsemi-annuallyAUD:USD 0.634518

* 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.

New Hope's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.24472424/3.03
=8.08 %

Current Share Price is $3.03.
New Hope's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24472424.

During the past 13 years, the highest Dividend Yield of New Hope was 14.02%. The lowest was 0.91%. And the median was 4.09%.

* 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.


New Hope 3-Year Dividend Growth Rate Related Terms>


New Hope (New Hope) Business Description

Traded in Other Exchanges
Address
175 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2027, up from around 8 million in fiscal 2023, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 15% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.

New Hope (New Hope) Headlines

From GuruFocus

New Hope Corp Ltd's Dividend Analysis

By GuruFocus Research 10-23-2023