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 Yield % Historical Data
The historical data trend for New Hope's Dividend Yield % 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.
Competitive Comparison of New Hope's Dividend Yield %
For the Thermal Coal subindustry, New Hope's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where New Hope's Dividend Yield % falls into.
New Hope Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
New Hope Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.170000
2024-04-15
2024-04-16
2024-05-01
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.210000
2023-10-23
2023-10-24
2023-11-07
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
New Hope's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.38
/
4.69
=
8.10 %
Current Share Price is A$4.69. New Hope's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.38.
New Hope's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.34
/
4.69
=
7.25 %
Current Share Price is A$4.69. New Hope's Dividends per Share for the forward twelve months is calculated as A$0.17 * 2 = A$0.34.
* 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.
New Hope (ASX:NHC) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of New Hope's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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