Chongqing Gas Group Corp Stock

Chongqing Gas Group Corp Dividend 2024

Chongqing Gas Group Corp Dividend

0.13 CNY

Chongqing Gas Group Corp Dividend yield

2.07 %

Ticker

600917.SS

ISIN

CNE100001V03

How much dividend does Chongqing Gas Group Corp 2024 pay?

According to the latest status from November 2024, Chongqing Gas Group Corp paid a total of 0.13 CNY per share in dividends within the last 12 months. With the current Chongqing Gas Group Corp price of 6.24 CNY, this corresponds to a dividend yield of 2.07 %. A dividend is paid times per year.

2.07 % Dividend Yield=
0.13 CNY Dividend
6.24 CNY Stock Price

Historical Chongqing Gas Group Corp Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
11/25/20240.02
7/19/20240.1
7/28/20230.13
7/17/20220.15
7/24/20210.09
7/19/20200.09
7/13/20190.08
7/19/20180.13
7/16/20170.13
7/23/20160.15
7/5/20150.13
1

Chongqing Gas Group Corp dividend history and estimates

In 2023, Chongqing Gas Group Corp paid a dividend amounting to 0.13 CNY. Dividend means that Chongqing Gas Group Corp distributes a portion of its profits to its owners.
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Dividend
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Dividend

Dividend Overview

The dividend per year chart for Chongqing Gas Group Corp provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Chongqing Gas Group Corp’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Chongqing Gas Group Corp's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Chongqing Gas Group Corp Dividend History

DateChongqing Gas Group Corp Dividend
20230.13 undefined
20220.15 undefined
20210.09 undefined
20200.09 undefined
20190.08 undefined
20180.13 undefined
20170.13 undefined
20160.15 undefined
20150.13 undefined

Is the Chongqing Gas Group Corp Dividend Safe?

Chongqing Gas Group Corp has been increasing the dividend for 2 years.

Over the past 10 years, Chongqing Gas Group Corp has increased it by an annual 0 %.

Over a five-year period, the distribution increased by -0.154%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Chongqing Gas Group Corp dividend payout ratio

In 2023, Chongqing Gas Group Corp had a payout ratio of 40.58%. The payout ratio indicates the percentage of the company's profits that Chongqing Gas Group Corp distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Chongqing Gas Group Corp represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Chongqing Gas Group Corp could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Chongqing Gas Group Corp's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Chongqing Gas Group Corp Payout Ratio History

DateChongqing Gas Group Corp Payout ratio
202340.58 %
202257.33 %
202128.98 %
202035.42 %
201930.77 %
201859.09 %
201756.52 %
201662.5 %
201554.17 %
201440.58 %
201340.58 %
201240.58 %
201140.58 %

Dividend Details

Understanding Chongqing Gas Group Corp's Dividend Distributions

Chongqing Gas Group Corp’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Chongqing Gas Group Corp's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Chongqing Gas Group Corp's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Chongqing Gas Group Corp’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Chongqing Gas Group Corp Aktienanalyse

What does Chongqing Gas Group Corp do?

Chongqing Gas Group Corp is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Chongqing Gas Group Corp stock

How much dividend does Chongqing Gas Group Corp pay?

Over the past 12 months, Chongqing Gas Group Corp paid a dividend of 0.13 CNY . This corresponds to a dividend yield of about 2.07 %. For the coming 12 months, Chongqing Gas Group Corp is expected to pay a dividend of 0.13 CNY.

What is the dividend yield of Chongqing Gas Group Corp?

The current dividend yield of Chongqing Gas Group Corp is 2.07 %.

When does Chongqing Gas Group Corp pay dividends?

Chongqing Gas Group Corp pays a quarterly dividend. This is distributed in the months of July, July, July, November.

How secure is the dividend of Chongqing Gas Group Corp?

Chongqing Gas Group Corp paid dividends every year for the past 9 years.

What is the dividend of Chongqing Gas Group Corp?

For the upcoming 12 months, dividends amounting to 0.13 CNY are expected. This corresponds to a dividend yield of 2.07 %.

In which sector is Chongqing Gas Group Corp located?

Chongqing Gas Group Corp is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Chongqing Gas Group Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chongqing Gas Group Corp from 10/25/2024 amounting to 0.015 CNY, you needed to have the stock in your portfolio before the ex-date on 10/25/2024.

When did Chongqing Gas Group Corp pay the last dividend?

The last dividend was paid out on 10/25/2024.

What was the dividend of Chongqing Gas Group Corp in the year 2023?

In the year 2023, Chongqing Gas Group Corp distributed 0.148 CNY as dividends.

In which currency does Chongqing Gas Group Corp pay out the dividend?

The dividends of Chongqing Gas Group Corp are distributed in CNY.

Andere Kennzahlen von Chongqing Gas Group Corp

Our stock analysis for Chongqing Gas Group Corp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Chongqing Gas Group Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.