Natural Gas Distribution Co (SAU:9516) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Natural Gas Distribution Co Dividend Payout Ratio?

Natural Gas Distribution Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Natural Gas Distribution Co is 0.76, which seems too high.

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

SAU:9516' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.71 Max: 0.76
Current: 0.76

During the past 3 years, the highest Dividend Payout Ratio of Natural Gas Distribution Co was 0.76. The lowest was 0.67. And the median was 0.71.

SAU:9516's Dividend Payout Ratio is ranked worse than
74.25% of 369 companies
in the Utilities - Regulated industry
Industry Median: 0.51 vs SAU:9516: 0.76

As of today (2024-06-22), the Dividend Yield % of Natural Gas Distribution Co is 1.09%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Natural Gas Distribution Co was 1.22%. The lowest was 0.77%. And the median was 0.98%.

Natural Gas Distribution Co's Dividends per Share for the months ended in Dec. 2023 was ﷼0.00.

The growth rate is calculated with least square regression.

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

Natural Gas Distribution Co Dividend Payout Ratio Historical Data

The historical data trend for Natural Gas Distribution 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.

* Premium members only.

Natural Gas Distribution Co Dividend Payout Ratio Chart

Natural Gas Distribution Co Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.67

0.76

Natural Gas Distribution Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial			-	2.63	-	1.39	-

Competitive Comparison of Natural Gas Distribution Co's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, Natural Gas Distribution 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.

Natural Gas Distribution Co's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Natural Gas Distribution Co's Dividend Payout Ratio falls into.

Natural Gas Distribution Co Dividend Payout Ratio Calculation

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

Natural Gas Distribution Co'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 )
	=	0.5	/	0.66
	=	0.76

Natural Gas Distribution Co'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	/	0.3
	=	0.00

Natural Gas Distribution Co (SAU:9516) 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.

Natural Gas Distribution Co Dividend Payout Ratio Related Terms

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

Natural Gas Distribution Co (SAU:9516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Natural Gas Distribution Co (SAU:9516) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Kharj Road, P.O. 000512, Second Industrial City, Riyadh, SAU, 11382

Website

http://www.ngdc.com.sa

Natural Gas Distribution Co owns and maintains natural gas networks. The company.s activity is the distribution of gaseous fuels through pipes and gas pipelines, their maintenance and repair, the wholesale sale of gaseous fuels, and the transportation of natural gas through pipelines. Its core business is to supply the factories located in the second industrial city of Riyadh. The company is supplied with natural gas from Saudi Aramco through the main pipeline. Its services include the operation and maintenance of natural gas networks.

Natural Gas Distribution Co (SAU:9516) Headlines

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