China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipeline infrastructure facilities, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG. It is also involved in the investment in petrochemical facilities of storage and transportation; producing and storing LPG and chemical products, as well as propane and butane; CBM business; exploration and production of coal bed methane; and gas station administration, management, and consultancy services. In addition, the company offers treasury, management, consultancy, and procurement services; and smart home products and gas insurance broker services, as well as gas heaters and kitchen appliances under the Gasbo brand. Further, it is involved in the development and investment in clean energy; wholesale and trading of natural gas and liquefied natural gas; sale of electricity; and provides gas meters, pressure regulators, corrugated pipes, gas alarms, and bottled gas. Additionally, the company engages in the wholesale and retail of household equipment, electric appliances, and kitchen appliances. As of March 31, 2022, it served 19,808 industrial and 297,664 commercial customers; and 43,095,245 residential customers, as well as operates 533 CNG/LNG refilling stations. The company was incorporated in 1995 and is headquartered in Wan Chai, Hong Kong.
China Gas Dividend Announcement
• China Gas announced a semi annually dividend of $1.12 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-08-26
• China Gas annual dividend for 2024 was $1.60
• China Gas annual dividend for 2023 was $1.60
• China Gas's trailing twelve-month (TTM) dividend yield is 1.09%
• China Gas's payout ratio for the trailing twelve months (TTM) is 72.96%
• China Gas's dividend growth over the last five years (2018-2023) was 7.44% year
China Gas Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-26 | $1.12 | semi annually | 2024-10-18 |
| 2024-01-05 | $0.48 | semi annually | 2024-02-16 |
| 2023-08-25 | $1.28 | semi annually | 2023-10-18 |
| 2023-01-05 | $0.32 | semi annually | 2023-02-17 |
| 2022-08-22 | $1.43 | semi annually | 2022-10-18 |
| 2022-01-05 | $0.32 | semi annually | 2022-02-14 |
| 2021-08-20 | $1.45 | semi annually | 2021-10-15 |
| 2021-01-06 | $0.32 | semi annually | 2021-02-16 |
| 2020-08-24 | $1.29 | semi annually | 2020-10-15 |
| 2020-01-08 | $0.32 | semi annually | 2020-02-18 |
| 2019-08-23 | $1.15 | semi annually | 2019-10-15 |
| 2019-01-09 | $0.25 | semi annually | 2019-02-15 |
| 2018-08-24 | $0.86 | semi annually | 2018-10-15 |
| 2018-01-10 | $0.26 | semi annually | 2018-02-15 |
| 2017-08-10 | $0.64 | semi annually | 2017-10-16 |
| 2017-01-10 | $0.16 | semi annually | |
| 2016-08-16 | $0.47 | semi annually |
China Gas Dividend per year
China Gas Dividend growth
China Gas Dividend Yield
China Gas current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing China Gas stock? Use our calculator to estimate your expected dividend yield:
China Gas Financial Ratios
P/E ratio194.05
PEG ratio0.63
P/B ratio14.75
ROE7.55%
Payout ratio72.96%
Current ratio0.90
Quick ratio0.80
Cash Ratio0.16
China Gas Dividend FAQ
How much is the next China Gas dividend?
China Gas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next China Gas dividend. The next China Gas dividend will be released in January, or August.
When is China Gas dividend paid?
China Gas pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does China Gas pay?
The specific amount of China Gas dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Gas's dividend history.
Does China Gas stock pay dividends?
Yes, China Gas does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Gas's dividend history.
How much dividend does China Gas pay?
China Gas paid $1.601 in 2024, $1.599 in 2023, $1.755 in 2022, $1.771 in 2021, and $1.612 in 2020.
How often does China Gas pay dividends?
China Gas typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around January, and August.
What is China Gas's dividend yield?
The current dividend yield for China Gas is 1.09%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate China Gas's exact dividend yield.
When does China Gas go ex dividend?
China Gas's ex-dividend date for the latest dividend was on 2024-08-26. China Gas typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next China Gas dividend paid?
China Gas pays dividends on a semi annually basis, typically around January, or August, but the exact dates can vary each year.
Will China Gas increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether China Gas will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is China Gas dividend per share?
China Gas paid $1.601 per share in 2024 and $1.599 per share in 2023. The amount of dividend per share that China Gas pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is China Gas a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is China Gas a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is China Gas a dividend stock?
Yes, China Gas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Gas a good dividend stock?
Whether China Gas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. China Gas has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China Gas as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating China Gas as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does China Gas pay dividends monthly?
China Gas typically pays dividends on a semi annually basis.
Does China Gas pay dividends quarterly?
China Gas currently pays dividends on a semi annually basis.
Has China Gas ever paid a dividend?
Yes, China Gas has a history of paying dividends to its shareholders. China Gas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Gas dividend stocks?
To buy China Gas you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy China Gas stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy China Gas stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does China Gas pay dividends 2024?
China Gas pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will China Gas increase its dividend in 2024?
Decisions regarding China Gas dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date China Gas dividend overview you can look into the above table of dividend history.
How China Gas dividend works?
The China Gas dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how China Gas's dividend process works:
1. Determination of Dividend: China Gas's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, China Gas publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, China Gas distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from China Gas are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: China Gas's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, China Gas publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, China Gas distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from China Gas are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are China Gas dividends paid?
China Gas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China Gas sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, China Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Gas declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: China Gas sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, China Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Gas declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does China Gas pay dividends?
China Gas typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does China Gas pay dividends?
The general pattern is that China Gas pays dividends around January, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Gas dividend safe?
The safety of China Gas's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of China Gas's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review China Gas's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of China Gas's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review China Gas's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.