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ADNOC Gas (ADX:ADNOCGAS) Dividend Payout Ratio : 0.32 (As of Dec. 2023)


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What is ADNOC Gas Dividend Payout Ratio?

ADNOC Gas's dividend payout ratio for the months ended in Dec. 2023 was 0.32.

The historical rank and industry rank for ADNOC Gas's Dividend Payout Ratio or its related term are showing as below:

ADX:ADNOCGAS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.32   Max: 0.32
Current: 0.32

During the past 3 years, the highest Dividend Payout Ratio of ADNOC Gas was 0.32. The lowest was 0.32. And the median was 0.32.

ADX:ADNOCGAS's Dividend Payout Ratio is ranked better than
63.08% of 455 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ADX:ADNOCGAS: 0.32

As of today (2024-05-15), the Dividend Yield % of ADNOC Gas is 5.08%.

During the past 3 years, the highest Trailing Annual Dividend Yield of ADNOC Gas was 5.13%. The lowest was 2.38%. And the median was 2.49%.

ADNOC Gas's Dividends per Share for the months ended in Dec. 2023 was د.إ0.08.

The growth rate is calculated with least square regression.

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

ADNOC Gas Dividend Payout Ratio Historical Data

The historical data trend for ADNOC Gas's Dividend Payout Ratio 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.

ADNOC Gas Dividend Payout Ratio Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23
Dividend Payout Ratio
- - 0.32

ADNOC Gas Semi-Annual Data
Dec20 Dec21 Dec23
Dividend Payout Ratio - - 0.32

Competitive Comparison of ADNOC Gas's Dividend Payout Ratio

For the Oil & Gas Integrated subindustry, ADNOC Gas's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

ADNOC Gas's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Gas's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ADNOC Gas's Dividend Payout Ratio falls into.


ADNOC Gas Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

ADNOC Gas's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.078/ 0.242
=0.32

ADNOC Gas's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.078/ 0.242
=0.32

* 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.

ADNOC Gas (ADX:ADNOCGAS) Dividend Payout Ratio Explanation

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.

ADNOC Gas Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of ADNOC Gas's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

ADNOC Gas (ADX:ADNOCGAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Gas PLC (ADX:ADNOCGAS) » Definitions » Dividend Payout Ratio
Comparable Companies
Traded in Other Exchanges
N/A
Address
Corniche Road West, P.O. Box 898, Abu Dhabi, ARE
Website
https://www.adnoc.ae
ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

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