HOKCF (Hong Kong and China Gas Co) Dividend Payout Ratio: 0.88 (As of Dec. 2025) — 16% Below Median


HOKCF Hong Kong and China Gas Co Ltd HOKCF
52 GF Score
Price $0.90
GF Value $0.84
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Hong Kong and China Gas Co Dividend Payout Ratio?

Hong Kong and China Gas Co HOKCF 52 Dividend Payout Ratio is 0.88 as of Dec. 2025, which is 16% below its 10-year median of 1.05. GuruFocus rates HOKCF with a GF Score™ of 52/100 and a GF Value™ of $0.84 (Fairly Valued). The stock has 7 warning signs investors should review. Among 374 Utilities - Regulated companies, Hong Kong and China Gas Co ranks worse than 93.58% on this metric.

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. Hong Kong and China Gas Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.88.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hong Kong and China Gas Co Ltd is 1.23, which seems too high.

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

HOKCF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.05   Max: 1.36
Current: 1.19

During the past 13 years, the highest Dividend Payout Ratio of Hong Kong and China Gas Co was 1.36. The lowest was 0.57. And the median was 1.05.

HOKCF's Dividend Payout Ratio is ranked worse than
93.58% of 374 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs HOKCF: 1.19

As of today (2026-06-28), the Dividend Yield % of Hong Kong and China Gas Co is 4.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hong Kong and China Gas Co was 6.60%. The lowest was 1.77%. And the median was 2.78%.

Hong Kong and China Gas Co's Dividends per Share for the months ended in Dec. 2025 was $0.02.

During the past 5 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hong Kong and China Gas Co was 12.30% per year. The lowest was 0.00% per year. And the median was 6.50% 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.

Hong Kong and China Gas Co (OTCPK:HOKCF) 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.

Hong Kong and China Gas Co Dividend Payout Ratio Related Terms

Hong Kong and China Gas Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hong Kong and China Gas Co'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.

Hong Kong and China Gas Co Dividend Payout Ratio Chart

Hong Kong and China Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.36 1.10 1.18 1.22

Hong Kong and China Gas Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 1.45 0.83 1.45 0.88

HOKCF vs ATO, NI: Dividend Payout Ratio Comparison

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas Co'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.

Hong Kong and China Gas Co Dividend Payout Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where Hong Kong and China Gas Co's Dividend Payout Ratio falls into.


HOKCF
52GF Score
Hong Kong and China Gas Co Ltd HOKCF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Kong and China Gas Co Dividend Payout Ratio Calculation

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.

Hong Kong and China Gas Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.045/ 0.037
=1.22

Hong Kong and China Gas Co's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.015/ 0.017
=0.88

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.88 mean?
Hong Kong and China Gas Co (HOKCF) has a Dividend Payout Ratio of 0.88 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hong Kong and China Gas Co and its competitors. This is 16% below median its historical median of 1.05. Over the past decade, Hong Kong and China Gas Co's Dividend Payout Ratio has ranged from 0.57 to 1.36. According to the industry distribution chart, Hong Kong and China Gas Co ranks #350 out of 374 companies in the Utilities - Regulated industry, placing it in the top 93.6%.
Is Hong Kong and China Gas Co's Dividend Payout Ratio too high?
Hong Kong and China Gas Co's current Dividend Payout Ratio of 0.88 is 16% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.36. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. Hong Kong and China Gas Co's value of 0.88 is 63% above this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #350 out of 374 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Hong Kong and China Gas Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's Dividend Payout Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #350 out of 374 companies for Dividend Payout Ratio. This places Hong Kong and China Gas Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. Hong Kong and China Gas Co's value of 0.88 is 63% above this benchmark. Historically, Hong Kong and China Gas Co's own Dividend Payout Ratio has ranged from 0.57 to 1.36 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.54, Hong Kong and China Gas Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hong Kong and China Gas Co's current Dividend Payout Ratio of 0.88 is 63% above 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hong Kong and China Gas Co and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong and China Gas Co's current Dividend Payout Ratio is 0.88, which is 16% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong and China Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong and China Gas Co (HOKCF) is currently considered Fairly Valued. The stock's GF Value™ is $0.84, compared to a current price of $0.90 — trading 7.5% above its estimated fair value. The current Dividend Payout Ratio is 0.88, which is 16% below median its 10-year median of 1.05 and 63% above the Utilities - Regulated industry median of 0.54. Hong Kong and China Gas Co's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Hong Kong and China Gas Co (HOKCF), the current Dividend Payout Ratio is 0.88 as of Dec. 2025. 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 Hong Kong and China Gas Co (HOKCF) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong and China Gas Co stock appears to be overvalued. The current stock price of $0.90 is trading 7.5% above its estimated GF Value™ of $0.84. GuruFocus considers Hong Kong and China Gas Co to be Fairly Valued.

Key valuation signals for HOKCF:

  • Dividend Payout Ratio: 0.88 (16% below median its 10-year median of 1.05)
  • GF Value™: $0.84 vs. price of $0.90 (7.5% above fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 63% above the Utilities - Regulated median (#350 of 374)

No single metric tells the full story. See the HOKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hong Kong and China Gas Co Business Description

Address 363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. The company is also investing in water, upstream gas, and new energies. The Group's principal activities are the production, distribution, and marketing of gas and related products or services, water supply and waste treatment, renewable energy businesses, extended businesses, and fuels businesses (Green Fuels) in Hong Kong and the Chinese mainland. The company operates in three segments: Gas, water and waste treatment, renewable energy, extended businesses, and related businesses, Green Fuels, and Property.
52GF Score

Get the complete analysis for HOKCF

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.90
Price
$0.84
GF Value