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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Dividend Yield %

: 6.31% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Hong Kong and China Gas Co is 6.31%.

The historical rank and industry rank for Hong Kong and China Gas Co's Dividend Yield % or its related term are showing as below:

HOKCY' s Dividend Yield % Range Over the Past 10 Years
Min: 1.49   Med: 2.09   Max: 6.6
Current: 6.31

During the past 13 years, the highest Dividend Yield of Hong Kong and China Gas Co was 6.60%. The lowest was 1.49%. And the median was 2.09%.

HOKCY's Dividend Yield % is ranked better than
78.69% of 427 companies
in the Utilities - Regulated industry
Industry Median: 3.98 vs HOKCY: 6.31

Hong Kong and China Gas Co's Dividend Payout Ratio for the six months ended in Jun. 2023 was 1.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hong Kong and China Gas Co Ltd is 1.08, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Hong Kong and China Gas Co was 1.41. The lowest was 0.46. And the median was 0.58.

As of today (2024-04-19), the Forward Dividend Yield % of Hong Kong and China Gas Co is 6.32%.

Hong Kong and China Gas Co's Dividends per Share for the six months ended in Jun. 2023 was $0.03.

During the past 3 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hong Kong and China Gas Co was 10.10% per year. The lowest was -0.70% per year. And the median was 9.15% per year.

The growth rate is calculated with least square regression.

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


Hong Kong and China Gas Co Dividend Yield % Historical Data

The historical data trend for Hong Kong and China Gas 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.

* Premium members only.

Hong Kong and China Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.26 2.85 2.81 4.82 6.15

Hong Kong and China Gas Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 2.81 4.15 4.82 5.36 6.15

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas 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.


Hong Kong and China Gas Co Dividend Yield % Distribution

For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hong Kong and China Gas Co's Dividend Yield % falls into.



Hong Kong and China Gas Co Dividend Yield % Calculation

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

Hong Kong and China Gas Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0152023-08-252023-08-282023-09-18Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.0292023-06-082023-06-092023-07-03Cash Dividendsemi-annuallyUSD:USD 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.

Hong Kong and China Gas Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.044/0.70708
=6.22 %

Current Share Price is $0.70708.
Hong Kong and China Gas Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.044.

Hong Kong and China Gas Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.03/0.70708
=4.24 %

Current Share Price is $0.70708.
Hong Kong and China Gas Co's Dividends per Share for the forward twelve months is calculated as $0.015 * 2 = $0.03.

* 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.


Hong Kong and China Gas Co  (OTCPK:HOKCY) 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.


Hong Kong and China Gas Co Dividend Yield % Related Terms

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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

Traded in Other Exchanges
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Headlines

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