Gulf Energy Development PCL (BKK:GULF) Dividend Yield % : 2.13% (As of Apr. 24, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Gulf Energy Development PCL Dividend Yield %?

As of today (2024-04-24), the Trailing Annual Dividend Yield of Gulf Energy Development PCL is 2.13%.

Good Sign:

Gulf Energy Development PCL stock dividend yield is close to 10-year high.

The historical rank and industry rank for Gulf Energy Development PCL's Dividend Yield % or its related term are showing as below:

BKK:GULF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.32 Med: 0.85 Max: 2.23
Current: 2.13

During the past 10 years, the highest Dividend Yield of Gulf Energy Development PCL was 2.23%. The lowest was 0.32%. And the median was 0.85%.

BKK:GULF's Dividend Yield % is ranked worse than
62.86% of 245 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.91 vs BKK:GULF: 2.13

Gulf Energy Development PCL's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 10 years, the highest Dividend Payout Ratio of Gulf Energy Development PCL was 0.71. The lowest was 0.30. And the median was 0.55.

As of today (2024-04-24), the Forward Dividend Yield % of Gulf Energy Development PCL is 2.13%.

Gulf Energy Development PCL's Dividends per Share for the three months ended in Dec. 2023 was ฿0.00.

During the past 12 months, Gulf Energy Development PCL's average Dividends Per Share Growth Rate was 36.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 42.50% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Gulf Energy Development PCL was 68.80% per year. The lowest was 22.90% per year. And the median was 32.70% per year.

The growth rate is calculated with least square regression.

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

Gulf Energy Development PCL Dividend Yield % Historical Data

The historical data trend for Gulf Energy Development PCL'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.

* Premium members only.

Gulf Energy Development PCL Dividend Yield % Chart

Gulf Energy Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

0.72

0.75

0.83

0.79

1.35

Gulf Energy Development PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															0.79	1.14	1.28	1.32	1.35

Competitive Comparison of Gulf Energy Development PCL's Dividend Yield %

For the Utilities - Renewable subindustry, Gulf Energy Development PCL'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.

Gulf Energy Development PCL's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Energy Development PCL's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gulf Energy Development PCL's Dividend Yield % falls into.

Gulf Energy Development PCL Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Gulf Energy Development PCL Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
THB 0.880	2024-02-28	2024-02-29	2024-04-25	Cash Dividend	annually	THB:THB 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.

Gulf Energy Development PCL's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.88	/	41.25
	=	2.13 %

Current Share Price is ฿41.25.
Gulf Energy Development PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿0.88.

Gulf Energy Development PCL's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.88	/	41.25
	=	2.13 %

Current Share Price is ฿41.25.
Gulf Energy Development PCL's Dividends per Share for the forward twelve months is calculated as ฿0.88 * 1 = ฿0.88.

Gulf Energy Development PCL (BKK:GULF) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Gulf Energy Development PCL Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Gulf Energy Development PCL's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gulf Energy Development PCL (BKK:GULF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Gulf Energy Development PCL (BKK:GULF) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

GULF-F:Thailand

Address

Wireless Road, All Seasons Place, 87 M.Thai Tower 11th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.gulf.co.th

Gulf Energy Development PCL is a Thailand based business, that engages in electricity-generating business. The principal operation of the group is to generate and sell electricity, steam and cold water storing and converting natural gas from liquid to gas, provide satellite services and, and other related businesses. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. It operates through the following segments: The power segment, the Infrastructure segment, Satellite business segment, and Consulting segment. Geographically the company caters its services to both domestic and international markets.

Gulf Energy Development PCL (BKK:GULF) Headlines

No Headlines