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Anhui Province Natural Gas Development Co (SHSE:603689) Dividend Yield % : 2.31% (As of Jun. 08, 2024)


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What is Anhui Province Natural Gas Development Co Dividend Yield %?

As of today (2024-06-08), the Trailing Annual Dividend Yield of Anhui Province Natural Gas Development Co is 2.31%.

Warning Sign:

Anhui Province Natural Gas Development Co Ltd stock dividend yield is close to 1-year low.

The historical rank and industry rank for Anhui Province Natural Gas Development Co's Dividend Yield % or its related term are showing as below:

SHSE:603689' s Dividend Yield % Range Over the Past 10 Years
Min: 0.98   Med: 2.1   Max: 4.36
Current: 2.31

During the past 13 years, the highest Dividend Yield of Anhui Province Natural Gas Development Co was 4.36%. The lowest was 0.98%. And the median was 2.10%.

SHSE:603689's Dividend Yield % is ranked worse than
76.55% of 499 companies
in the Oil & Gas industry
Industry Median: 4.06 vs SHSE:603689: 2.31

Anhui Province Natural Gas Development Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Anhui Province Natural Gas Development Co was 0.43. The lowest was 0.24. And the median was 0.34.

As of today (2024-06-08), the Forward Dividend Yield % of Anhui Province Natural Gas Development Co is 0.00%.

Anhui Province Natural Gas Development Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Anhui Province Natural Gas Development Co's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Anhui Province Natural Gas Development Co was 18.60% per year. The lowest was 10.10% per year. And the median was 16.50% per year.

The growth rate is calculated with least square regression.

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


Anhui Province Natural Gas Development Co Dividend Yield % Historical Data

The historical data trend for Anhui Province Natural Gas Development Co'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.

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Anhui Province Natural Gas Development Co Dividend Yield % Chart

Anhui Province Natural Gas Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.70 1.81 2.41 2.30

Anhui Province Natural Gas Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial 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 2.38 2.28 2.41 2.30 2.34

Competitive Comparison of Anhui Province Natural Gas Development Co's Dividend Yield %

For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas Development Co'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.


Anhui Province Natural Gas Development Co's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Anhui Province Natural Gas Development Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Anhui Province Natural Gas Development Co's Dividend Yield % falls into.



Anhui Province Natural Gas Development Co Dividend Yield % Calculation

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


Anhui Province Natural Gas Development Co  (SHSE:603689) 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.


Anhui Province Natural Gas Development Co Dividend Yield % Related Terms

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Anhui Province Natural Gas Development Co (SHSE:603689) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.

Anhui Province Natural Gas Development Co (SHSE:603689) Headlines

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