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Tian Lun Gas Holdings (HKSE:01600) Forward Dividend Yield % : 4.12% (As of May. 12, 2024)


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What is Tian Lun Gas Holdings Forward Dividend Yield %?

As of today (2024-05-12), the Forward Annual Dividend Yield of Tian Lun Gas Holdings is 4.12%.

As of today (2024-05-12), the Trailing Annual Dividend Yield of Tian Lun Gas Holdings is 4.15%.

HKSE:01600's Forward Dividend Yield % is ranked worse than
50.47% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.055 vs HKSE:01600: 4.12

Tian Lun Gas Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.08.

During the past 12 months, Tian Lun Gas Holdings's average Dividends Per Share Growth Rate was -20.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tian Lun Gas Holdings was 60.00% per year. The lowest was -11.30% per year. And the median was 43.20% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Tian Lun Gas Holdings's Forward Dividend Yield %

For the Utilities - Regulated Gas subindustry, Tian Lun Gas Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Tian Lun Gas Holdings's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

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

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



Tian Lun Gas Holdings Forward Dividend Yield % Calculation

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

Tian Lun Gas Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0743002023-10-242023-10-262023-11-30Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.1188002023-07-042023-07-062023-07-21Cash Dividendsemi-annuallyHKD: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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1486/4.65
=3.20 %

Current Share Price is HK$4.65.
Tian Lun Gas Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.0743 * 2 = HK$0.1486.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1931/4.65
=4.15 %

Current Share Price is HK$4.65.
Tian Lun Gas Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.1931.

* 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.


Tian Lun Gas Holdings  (HKSE:01600) Forward 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.


Tian Lun Gas Holdings Forward Dividend Yield % Related Terms

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Tian Lun Gas Holdings (HKSE:01600) Business Description

Traded in Other Exchanges
Address
No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

Tian Lun Gas Holdings (HKSE:01600) Headlines

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