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Binhai Investment Co (HKSE:02886) Forward Dividend Yield % : 6.28% (As of May. 13, 2024)


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What is Binhai Investment Co Forward Dividend Yield %?

As of today (2024-05-13), the Forward Annual Dividend Yield of Binhai Investment Co is 6.28%.

As of today (2024-05-13), the Trailing Annual Dividend Yield of Binhai Investment Co is 8.26%.

HKSE:02886's Forward Dividend Yield % is ranked better than
80.28% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.02 vs HKSE:02886: 6.28

Binhai Investment Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Binhai Investment Co's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 41.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Binhai Investment Co was 122.40% per year. The lowest was -11.20% per year. And the median was 19.40% 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 Binhai Investment Co's Forward Dividend Yield %

For the Utilities - Regulated Gas subindustry, Binhai Investment Co'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.


Binhai Investment Co's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Binhai Investment Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Binhai Investment Co's Forward Dividend Yield % falls into.



Binhai Investment Co Forward Dividend Yield % Calculation

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

Binhai Investment Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1000002023-05-172023-05-192023-06-09Cash DividendannuallyHKD: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.

Binhai Investment Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/1.21
=8.26 %

Current Share Price is HK$1.21.
Binhai Investment Co's Dividends per Share for the forward twelve months is calculated as HK$0.1 * 1 = HK$0.1.

Binhai Investment Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/1.21
=8.26 %

Current Share Price is HK$1.21.
Binhai Investment Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.1.

* 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.


Binhai Investment Co  (HKSE:02886) 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.


Binhai Investment Co Forward Dividend Yield % Related Terms

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Binhai Investment Co (HKSE:02886) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Causeway Bay, Suites 3205-07, 32nd Floor, Tower Two, Times Square, Hong Kong, HKG
Binhai Investment Co Ltd is an investment holding company engaged in the sales of piped natural gas, construction, and gas pipeline installation service, gas passing through service, and sales of bottled natural gas. It derives a majority of its revenue from construction, and gas pipeline installation services in which the group constructs gas pipelines for its clients and connects such pipelines to the group's main gas pipeline networks and charges construction and gas pipeline installation service fees from industrial and commercial customers, property developers and property management companies.

Binhai Investment Co (HKSE:02886) Headlines

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