New Hope (New Hope) Dividend Payout Ratio : 0.70 (As of Jan. 2024)

View and export this data going back to 2010. Start your Free Trial

What is New Hope Dividend Payout Ratio?

New Hope's dividend payout ratio for the months ended in Jan. 2024 was 0.70.

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

NHPEF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.57 Max: 2.16
Current: 0.66

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.

NHPEF's Dividend Payout Ratio is ranked worse than
61.33% of 75 companies
in the Other Energy Sources industry
Industry Median: 0.54 vs NHPEF: 0.66

As of today (2024-04-28), the Dividend Yield % of New Hope is 8.09%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

New Hope Dividend Payout Ratio Historical Data

The historical data trend for New Hope'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.

New Hope Dividend Payout Ratio Chart

New Hope Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.32

0.42

0.23

0.51

New Hope Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.19	0.24	0.44	0.63	0.70

Competitive Comparison of New Hope's Dividend Payout Ratio

For the Thermal Coal subindustry, New Hope'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.

New Hope's Dividend Payout Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, New Hope's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where New Hope's Dividend Payout Ratio falls into.

New Hope Dividend Payout Ratio Calculation

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

New Hope's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2023 )	/	EPS without NRI (A: Jul. 2023 )
	=	0.411	/	0.804
	=	0.51

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

New Hope (OTCPK:NHPEF) 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.

New Hope Dividend Payout Ratio Related Terms

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

New Hope (New Hope) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » New Hope Corp Ltd (OTCPK:NHPEF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

OD8:Germany NHC:Australia

Address

175 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000

Website

https://www.newhopegroup.com.au

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