China Gas Holdings (China Gas Holdings) Dividend Payout Ratio : 0.94 (As of Sep. 2023)

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

What is China Gas Holdings Dividend Payout Ratio?

China Gas Holdings's dividend payout ratio for the months ended in Sep. 2023 was 0.94.

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:

CGHOF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.24 Max: 0.83
Current: 0.83

During the past 13 years, the highest Dividend Payout Ratio of China Gas Holdings was 0.83. The lowest was 0.17. And the median was 0.24.

CGHOF's Dividend Payout Ratio is ranked worse than
80.05% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs CGHOF: 0.83

As of today (2024-05-11), the Dividend Yield % of China Gas Holdings is 7.59%.

During the past 13 years, the highest Trailing Annual Dividend Yield of China Gas Holdings was 8.12%. The lowest was 0.49%. And the median was 1.37%.

China Gas Holdings's Dividends per Share for the months ended in Sep. 2023 was $0.05.

During the past 12 months, China Gas Holdings's average Dividends Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.60% 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 6.10% per year. And the median was 27.25% per year.

The growth rate is calculated with least square regression.

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

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

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.23

0.26

0.25

0.36

0.68

China Gas Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.56	0.14	0.72	0.57	0.94

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

China Gas Holdings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.07	/	0.103
	=	0.68

China Gas Holdings's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.051	/	0.054
	=	0.94

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

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.

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 (China Gas Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CGHLY:USA 00384:Hong Kong EBZ:Germany EBZ:Germany EBZ:Germany

Address

151 Gloucester Road, Room 1601, 16th Floor, Capital Centre, Wan Chai, Hong Kong, HKG

Website

http://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 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.

China Gas Holdings (China Gas Holdings) Headlines

From GuruFocus

China Gas Holdings Stock Is Estimated To Be Modestly Undervalued

By GF Value • 06-18-2021

Venture Global and China Gas Sign Two 20-year Long-Term LNG Agreements

By PRNewswire PRNewswire • 02-24-2023

China Gas Holdings Ltd's Dividend Analysis

By GuruFocus Research • 01-03-2024