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Great Taipei Gas (TPE:9908) Dividend Yield % : 3.40% (As of Jun. 24, 2024)


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What is Great Taipei Gas Dividend Yield %?

As of today (2024-06-24), the Trailing Annual Dividend Yield of Great Taipei Gas is 3.40%.

Warning Sign:

Great Taipei Gas Corp stock dividend yield is close to 10-year low.

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

TPE:9908' s Dividend Yield % Range Over the Past 10 Years
Min: 3.19   Med: 3.7   Max: 4.67
Current: 3.4

During the past 13 years, the highest Dividend Yield of Great Taipei Gas was 4.67%. The lowest was 3.19%. And the median was 3.70%.

TPE:9908's Dividend Yield % is ranked worse than
58.77% of 439 companies
in the Utilities - Regulated industry
Industry Median: 3.92 vs TPE:9908: 3.40

Great Taipei Gas'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 Great Taipei Gas was 0.78. The lowest was 0.61. And the median was 0.72.

As of today (2024-06-24), the Forward Dividend Yield % of Great Taipei Gas is 3.40%.

Great Taipei Gas's Dividends per Share for the three months ended in Mar. 2024 was NT$0.00.

During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Great Taipei Gas was 7.70% per year. The lowest was -7.20% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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


Great Taipei Gas Dividend Yield % Historical Data

The historical data trend for Great Taipei 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.

Great Taipei Gas Dividend Yield % Chart

Great Taipei Gas 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 3.51 3.21 3.31 3.55 3.36

Great Taipei Gas 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 3.48 3.34 3.36 3.36 3.40

Competitive Comparison of Great Taipei Gas's Dividend Yield %

For the Utilities - Regulated Gas subindustry, Great Taipei 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.


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

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

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



Great Taipei Gas Dividend Yield % Calculation

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

Great Taipei Gas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 1.1000002023-07-272023-07-282023-08-28Cash DividendannuallyTWD:TWD 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1/32.40
=3.40 %

Current Share Price is NT$32.40.
Great Taipei Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$1.1.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.1/32.40
=3.40 %

Current Share Price is NT$32.40.
Great Taipei Gas's Dividends per Share for the forward twelve months is calculated as NT$1.1 * 1 = NT$1.1.

* 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.


Great Taipei Gas  (TPE:9908) 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.


Great Taipei Gas Dividend Yield % Related Terms

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Great Taipei Gas (TPE:9908) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Lane 11, Guangfu N. Raod, 5th Floor, Songshan District, Taipei, TWN, 105
Great Taipei Gas Corp is a Taiwanese gas utility company that provides natural gas services to districts throughout the city of Taipei, Taiwan. The company's core activity is the selling of a variety of gas utility-related products and supplies, such as natural gas, gas equipment, gas meters, and gas instruments, which are sourced primarily from Europe, America, and Japan. Great Taipei Gas then distributes natural gas to end users in the Taiwanese capital city by operating a network of gas pipelines and storage facilities.

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