CGHLY (China Gas Holdings) Dividend Payout Ratio : 1.05 (As of Sep. 2024)

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What is China Gas Holdings Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. China Gas Holdings's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.05.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of China Gas Holdings Ltd is 0.82, which seems too high.

The historical rank and industry rank for China Gas Holdings's Dividend Payout Ratio or its related term are showing as below:

CGHLY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.26 Max: 0.82
Current: 0.82

During the past 13 years, the highest Dividend Payout Ratio of China Gas Holdings was 0.82. The lowest was 0.20. And the median was 0.26.

CGHLY's Dividend Payout Ratio is ranked worse than
79.08% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.515 vs CGHLY: 0.82

As of today (2025-03-22), the Dividend Yield % of China Gas Holdings is 7.47%.

During the past 13 years, the highest Trailing Annual Dividend Yield of China Gas Holdings was 9.23%. The lowest was 0.67%. And the median was 1.66%.

China Gas Holdings's Dividends per Share for the months ended in Sep. 2024 was $1.13.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Gas Holdings was 76.50% per year. The lowest was 3.20% per year. And the median was 22.60% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

China Gas Holdings Dividend Payout Ratio Historical Data

The historical data trend for China Gas Holdings's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

China Gas Holdings Dividend Payout Ratio Chart

China Gas Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.26

0.25

0.36

0.69

0.78

China Gas Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.72	0.54	0.94	0.54	1.05

Competitive Comparison of China Gas Holdings's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, China Gas Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

China Gas Holdings's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where China Gas Holdings's Dividend Payout Ratio falls into.

China Gas Holdings Dividend Payout Ratio Calculation

China Gas Holdings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	1.76	/	2.244
	=	0.78

China Gas Holdings's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	1.126	/	1.068
	=	1.05

China Gas Holdings (OTCPK:CGHLY) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

China Gas Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of China Gas Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

China Gas Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Holdings Ltd (OTCPK:CGHLY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CGHOF:USA 00384:Hong Kong EBZ:Germany EBZ:Germany EBZ:Germany

Address

188 Meiyuan Road, China Gas Building, Luohu District, Guangdong Province, Shenzhen, CHN

Website

https://www.chinagasholdings.com.hk

China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2024 (ended March 31, 2024), the group had secured a total of 662 piped gas concessions, 516 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 119 LPG distribution projects in China. In total, CGH has connected 47.1 million residential households and achieved a penetration rate of 70.9%.