Chorus (Chorus) Dividend Payout Ratio

: 25.23 (As of Dec. 2023)

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Chorus's dividend payout ratio for the months ended in Dec. 2023 was 25.23.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Chorus Ltd is 9.04, which seems too high.

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

CHRYY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 2.25 Max: 9.01
Current: 9.01

During the past 12 years, the highest Dividend Payout Ratio of Chorus was 9.01. The lowest was 0.42. And the median was 2.25.

CHRYY's Dividend Payout Ratio is ranked worse than
99.45% of 182 companies
in the Telecommunication Services industry
Industry Median: 0.565 vs CHRYY: 9.01

As of today (2024-04-24), the Dividend Yield % of Chorus is 6.05%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Chorus was 18.64%. The lowest was 1.69%. And the median was 3.97%.

Chorus's Dividends per Share for the months ended in Dec. 2023 was $0.78.

During the past 12 months, Chorus's average Dividends Per Share Growth Rate was 21.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.80% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Chorus was 41.20% per year. The lowest was -31.20% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

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

Chorus Dividend Payout Ratio Historical Data

The historical data trend for Chorus'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.

Chorus Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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2.22

2.38

3.08

2.62

8.27

Chorus Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															2.13	2.83	6.81	4.57	25.23

Competitive Comparison

For the Telecom Services subindustry, Chorus'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.

Chorus Dividend Payout Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, Chorus's Dividend Payout Ratio distribution charts can be found below:

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

Chorus Dividend Payout Ratio Calculation

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

Chorus's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	1.141	/	0.138
	=	8.27

Chorus's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.782	/	0.031
	=	25.23

Chorus (OTCPK:CHRYY) 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.

Chorus Dividend Payout Ratio Related Terms

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

Chorus (Chorus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Chorus Ltd (OTCPK:CHRYY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CHRUF:USA CNU:New Zealand 7CH:Germany CNU:Australia

Address

1 Willis Street, Level 10, P.O. Box 632, Wellington, NTL, NZL

Website

https://www.chorus.co.nz

Chorus is New Zealand's largest fixed-line communications infrastructure entity, and was demerged in 2011 from Telecom New Zealand. Chorus offers wholesale access to its nationwide copper and fibre network to retail service providers. It also provides backhaul services to retail service providers and connects mobile phone towers. At the end of 2022, Chorus completed the government's rollout of ultra-fast broadband, or UFB, a fibre-to-the-premises network to cover 87% of the population in New Zealand.