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Copperbelt Energy (LUS:CECZ) Forward Dividend Yield % : 8.62% (As of May. 23, 2024)


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What is Copperbelt Energy Forward Dividend Yield %?

As of today (2024-05-23), the Forward Annual Dividend Yield of Copperbelt Energy is 8.62%.

As of today (2024-05-23), the Trailing Annual Dividend Yield of Copperbelt Energy is 8.62%.

LUS:CECZ's Forward Dividend Yield % is ranked better than
88.26% of 426 companies
in the Utilities - Regulated industry
Industry Median: 3.97 vs LUS:CECZ: 8.62

Copperbelt Energy's Dividends per Share for the six months ended in . 20 was ZMW0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Copperbelt Energy's Forward Dividend Yield %

For the Utilities - Regulated Electric subindustry, Copperbelt Energy'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.


Copperbelt Energy's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Copperbelt Energy's Forward Dividend Yield % falls into.



Copperbelt Energy Forward Dividend Yield % Calculation

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

Copperbelt Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZMW 0.6635002023-11-012023-11-032023-11-06Cash DividendannuallyZMW:ZMW 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.

Copperbelt Energy's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6635/7.72
=8.59 %

Current Share Price is ZMW7.72.
Copperbelt Energy's Dividends per Share for the forward twelve months is calculated as ZMW0.6635 * 1 = ZMW0.6635.

Copperbelt Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6635/7.72
=8.59 %

Current Share Price is ZMW7.72.
Copperbelt Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is ZMW0.6635.

* 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.


Copperbelt Energy  (LUS:CECZ) 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.


Copperbelt Energy Forward Dividend Yield % Related Terms

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Copperbelt Energy (LUS:CECZ) Business Description

Traded in Other Exchanges
N/A
Address
3614, 23rd Avenue, P. O. Box 20819, Nkana East, Kitwe, ZMB
Copperbelt Energy Corp PLC is a Zambia-based electricity company. The company is engaged in the business of supply, transmission, distribution, and generation of electricity. The company also holds interests in telecommunications. The company's power business customers are the mining companies operating in the SAPP that access transmission services. The company builds fiber networks through a joint venture and provides wholesale bandwidth in the telecommunication business. The company generates revenue from the activities of Electricity transmission, Wheeling-domestic, and Power trading, of which key revenue is derived from the electricity transmission activity.

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