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JY Gas (HKSE:01407) Dividend Yield % : 9.89% (As of Jun. 19, 2024)


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What is JY Gas Dividend Yield %?

As of today (2024-06-19), the Trailing Annual Dividend Yield of JY Gas is 9.89%.

Good Sign:

JY Gas Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for JY Gas's Dividend Yield % or its related term are showing as below:

HKSE:01407' s Dividend Yield % Range Over the Past 10 Years
Min: 8.33   Med: 9.63   Max: 10.84
Current: 9.89

During the past 5 years, the highest Dividend Yield of JY Gas was 10.84%. The lowest was 8.33%. And the median was 9.63%.

HKSE:01407's Dividend Yield % is ranked better than
93.81% of 436 companies
in the Utilities - Regulated industry
Industry Median: 3.885 vs HKSE:01407: 9.89

JY Gas's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 5 years, the highest Dividend Payout Ratio of JY Gas was 0.57. The lowest was 0.56. And the median was 0.56.

As of today (2024-06-19), the Forward Dividend Yield % of JY Gas is 7.42%.

JY Gas's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

The growth rate is calculated with least square regression.

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


JY Gas Dividend Yield % Historical Data

The historical data trend for JY Gas'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.

JY Gas Dividend Yield % Chart

JY Gas Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - - 7.86

JY Gas Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial - - - 6.38 7.86

Competitive Comparison of JY Gas's Dividend Yield %

For the Utilities - Regulated Gas subindustry, JY Gas'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.


JY Gas's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JY Gas's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where JY Gas's Dividend Yield % falls into.



JY Gas Dividend Yield % Calculation

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

JY Gas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0330002024-06-192024-06-212024-08-09Cash DividendannuallyHKD:HKD 1.000000
HKD 0.0440002023-06-202023-06-232023-07-07Cash DividendannuallyHKD:HKD 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.

JY Gas's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.077/0.415
=18.55 %

Current Share Price is HK$0.415.
JY Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.077.

JY Gas's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.033/0.415
=7.95 %

Current Share Price is HK$0.415.
JY Gas's Dividends per Share for the forward twelve months is calculated as HK$0.033 * 1 = HK$0.033.

* 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.


JY Gas  (HKSE:01407) 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.


JY Gas Dividend Yield % Related Terms

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JY Gas (HKSE:01407) Business Description

Traded in Other Exchanges
N/A
Address
No. 2568 Shi’an Road (West), 3rd Floor, Jiaoyun Group Building, Gaomi City, Weifang Municipality, Shandong Provinc, Weifang, CHN
JY Gas Ltd is a natural gas operator in Gaomi City, Weifang Municipality of Shandong Province. The company derives revenue from the sale of natural gas. Natural gas which it sells includes pipeline natural gas, compressed natural gas and liquefied natural gas. The sale of pipelined natural gas is its principal business.
Executives
Luan Xiaolong 2201 Interest of corporation controlled by you
Zhou Zhan 2202 Interest of your spouse
Lxl Phoenix Limited 2101 Beneficial owner
Cui Shuhua 2202 Interest of your spouse
Llj Phoenix Limited 2101 Beneficial owner
Luan Linjiang 2201 Interest of corporation controlled by you
Sdjy Holding Limited 2201 Interest of corporation controlled by you
Segm Holding Limited 2101 Beneficial owner

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