CLP Holdings (CLP Holdings) Dividend Payout Ratio

: 4.60 (As of Dec. 2023)

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CLP Holdings's dividend payout ratio for the months ended in Dec. 2023 was 4.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CLP Holdings Ltd is 1.35, which seems too high.

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

CLPHF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.71 Max: 2.94
Current: 1.35

During the past 13 years, the highest Dividend Payout Ratio of CLP Holdings was 2.94. The lowest was 0.51. And the median was 0.71.

CLPHF's Dividend Payout Ratio is ranked worse than
93.19% of 367 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs CLPHF: 1.35

As of today (2024-04-23), the Dividend Yield % of CLP Holdings is 5.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CLP Holdings was 5.98%. The lowest was 3.00%. And the median was 3.95%.

CLP Holdings's Dividends per Share for the months ended in Dec. 2023 was $0.16.

During the past 3 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CLP Holdings was 11.20% per year. The lowest was 0.20% per year. And the median was 2.25% per year.

The growth rate is calculated with least square regression.

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

CLP Holdings Dividend Payout Ratio Historical Data

The historical data trend for CLP 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.

CLP Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

2.95

0.42

0.81

1.45

1.53

CLP Holdings 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																0.81	-	0.41	0.91	4.60

Competitive Comparison

For the Utilities - Regulated Electric subindustry, CLP 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.

CLP Holdings Dividend Payout Ratio Distribution

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

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

CLP Holdings Dividend Payout Ratio Calculation

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

CLP Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.397	/	0.259
	=	1.53

CLP Holdings'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 )
	=	0.161	/	0.035
	=	4.60

CLP Holdings (OTCPK:CLPHF) 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.

CLP Holdings Dividend Payout Ratio Related Terms

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

CLP Holdings (CLP Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (OTCPK:CLPHF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CLPHY:USA 00002:Hong Kong CLP:Germany

Address

8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.clpgroup.com

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

From GuruFocus

CLP Holdings Ltd's Dividend Analysis

By GuruFocus Research • 12-04-2023