If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of PetroVietnam Gas JSC is 0.74, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of PetroVietnam Gas JSC was 1.35. The lowest was 0.38. And the median was 0.70.
During the past 12 months, PetroVietnam Gas JSC's average Dividends Per Share Growth Rate was 20.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -4.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -0.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of PetroVietnam Gas JSC was 33.00% per year. The lowest was -19.00% per year. And the median was -3.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
PetroVietnam Gas JSC Dividend Yield % Historical Data
The historical data trend for PetroVietnam Gas JSC'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 PetroVietnam Gas JSC's Dividend Yield %
For the Oil & Gas Integrated subindustry, PetroVietnam Gas JSC'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.
PetroVietnam Gas JSC's Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroVietnam Gas JSC's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where PetroVietnam Gas JSC's Dividend Yield % falls into.
PetroVietnam Gas JSC Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
PetroVietnam Gas JSC Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
VND 3000.000000
2023-08-29
2023-08-30
2023-11-02
Cash Dividend
annually
VND:VND 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.
PetroVietnam Gas JSC's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
PetroVietnam Gas JSC (STC:GAS) 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.
PetroVietnam Gas JSC Dividend Yield % Related Terms
Thank you for viewing the detailed overview of PetroVietnam Gas JSC's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
PetroVietnam Gas JSC (STC:GAS) Business Description
PetroVietnam Gas JSC is a Vietnam-based company which is active in the oil and gas industry. The principal activities of the company are to collect, import, transport, store, process, distribute, trade gas and gas products. It is engaged in distributing, trading gas and dry gas products, LNG (liquefied natural gas), CNG (Compressed natural gas), LPG (Liquefied Petroleum Gas) and condensates for industrial and household use as well as managing, operating, maintaining and restoring all gas works. The company also provides services in the gas industry such as renovating, maintaining, and restoring engines, installing conversion equipment for means of transport and agriculture, forestry and others. It operates its business across the Vietnam.
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