Petronas Gas Bhd (XKLS:6033) Dividend Payout Ratio : 0.80 (As of Dec. 2023)

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What is Petronas Gas Bhd Dividend Payout Ratio?

Petronas Gas Bhd's dividend payout ratio for the months ended in Dec. 2023 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Petronas Gas Bhd is 0.78, which seems too high.

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

XKLS:6033' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.73 Max: 0.87
Current: 0.78

During the past 13 years, the highest Dividend Payout Ratio of Petronas Gas Bhd was 0.87. The lowest was 0.58. And the median was 0.73.

XKLS:6033's Dividend Payout Ratio is ranked worse than
74.59% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.525 vs XKLS:6033: 0.78

As of today (2024-04-25), the Dividend Yield % of Petronas Gas Bhd is 4.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Petronas Gas Bhd was 4.85%. The lowest was 1.81%. And the median was 3.88%.

Petronas Gas Bhd's Dividends per Share for the months ended in Dec. 2023 was RM0.18.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Petronas Gas Bhd was 17.00% per year. The lowest was -7.20% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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

Petronas Gas Bhd Dividend Payout Ratio Historical Data

The historical data trend for Petronas Gas Bhd'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.

Petronas Gas Bhd Dividend Payout Ratio Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.74

0.71

0.72

0.87

0.78

Petronas Gas Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.86	1.03	0.65	0.68	0.80

Competitive Comparison of Petronas Gas Bhd's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.

Petronas Gas Bhd's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Petronas Gas Bhd's Dividend Payout Ratio falls into.

Petronas Gas Bhd Dividend Payout Ratio Calculation

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

Petronas Gas Bhd'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 )
	=	0.72	/	0.92
	=	0.78

Petronas Gas Bhd'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 )
	=	0.18	/	0.224
	=	0.80

Petronas Gas Bhd (XKLS:6033) 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.

Petronas Gas Bhd Dividend Payout Ratio Related Terms

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

Petronas Gas Bhd (XKLS:6033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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