As of today (2024-05-25), the Trailing Annual Dividend Yield of Petronas Gas Bhd is 3.93%.
The historical rank and industry rank for Petronas Gas Bhd's Dividend Yield % or its related term are showing as below:
XKLS:6033'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.88 Med: 3.9 Max: 4.85
Current: 3.93
During the past 13 years, the highest Dividend Yield of Petronas Gas Bhd was 4.85%. The lowest was 1.88%. And the median was 3.90%.
XKLS:6033's Dividend Yield % is ranked better than 51.17% of 426
companies
in the Utilities - Regulated industry
Industry Median: 3.865
vs XKLS:6033: 3.93
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Petronas Gas Bhd is 0.78, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Petronas Gas Bhd was 0.87. The lowest was 0.58. And the median was 0.73.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Petronas Gas Bhd was 17.00% per year. The lowest was -7.20% per year. And the median was 6.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Petronas Gas Bhd Dividend Yield % Historical Data
The historical data trend for Petronas Gas Bhd'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 Petronas Gas Bhd's Dividend Yield %
For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.
Petronas Gas Bhd's Dividend Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd's Dividend Yield % falls into.
Petronas Gas Bhd Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Petronas Gas Bhd Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
MYR 0.220000
2024-03-11
2024-03-12
2024-03-25
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.180000
2023-12-04
2023-12-05
2023-12-15
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.160000
2023-09-11
2023-09-12
2023-09-22
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.160000
2023-06-06
2023-06-07
2023-06-20
Cash Dividend
quarterly
MYR:MYR 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.
Petronas Gas Bhd'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.
Petronas Gas Bhd (XKLS:6033) 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.
Thank you for viewing the detailed overview of Petronas Gas Bhd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:6033 has been successfully added to your 