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China Gas Holdings (China Gas Holdings) Dividend Yield %

: 7.94% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of China Gas Holdings is 7.94%.

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

CGHLY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.49   Med: 1.33   Max: 8.12
Current: 7.94

During the past 13 years, the highest Dividend Yield of China Gas Holdings was 8.12%. The lowest was 0.49%. And the median was 1.33%.

CGHLY's Dividend Yield % is ranked better than
86.18% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.01 vs CGHLY: 7.94

China Gas Holdings's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.94.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of China Gas Holdings Ltd is 0.82, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of China Gas Holdings was 0.82. The lowest was 0.17. And the median was 0.24.

As of today (2024-04-19), the Forward Dividend Yield % of China Gas Holdings is 7.94%.

China Gas Holdings's Dividends per Share for the six months ended in Sep. 2023 was $1.28.

During the past 12 months, China Gas Holdings's average Dividends Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Gas Holdings was 76.50% per year. The lowest was 6.10% per year. And the median was 27.25% per year.

The growth rate is calculated with least square regression.

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


China Gas Holdings Dividend Yield % Historical Data

The historical data trend for China Gas Holdings'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.

China Gas Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 1.69 1.56 5.54 5.25

China Gas Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.33 5.54 5.94 5.25 6.89

Competitive Comparison

For the Utilities - Regulated Gas subindustry, China Gas Holdings'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.


China Gas Holdings Dividend Yield % Distribution

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

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



China Gas Holdings Dividend Yield % Calculation

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

China Gas Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4802024-01-052024-01-082024-02-16Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 1.2772023-08-252023-08-282023-10-18Cash Dividendsemi-annuallyUSD:USD 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.757/22.13
=7.94 %

Current Share Price is $22.13.
China Gas Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.757.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/22.13
=4.34 %

Current Share Price is $22.13.
China Gas Holdings's Dividends per Share for the forward twelve months is calculated as $0.48 * 2 = $0.96.

* 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.


China Gas Holdings  (OTCPK:CGHLY) 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.


China Gas Holdings Dividend Yield % Related Terms

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


China Gas Holdings (China Gas Holdings) Business Description

Traded in Other Exchanges
Address
151 Gloucester Road, Room 1601, 16th Floor, Capital Centre, Wan Chai, Hong Kong, HKG
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.

China Gas Holdings (China Gas Holdings) Headlines

From GuruFocus

China Gas Holdings Ltd's Dividend Analysis

By GuruFocus Research 01-03-2024