Corning Natural Gas Holding (Corning Natural Gas Holding) Dividend Payout Ratio : 0.00 (As of Mar. 2022)

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What is Corning Natural Gas Holding Dividend Payout Ratio?

Corning Natural Gas Holding's dividend payout ratio for the months ended in Mar. 2022 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Corning Natural Gas Holding Corp is 1.11, which seems too high.

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

During the past 13 years, the highest Dividend Payout Ratio of Corning Natural Gas Holding was 1.45. The lowest was 0.00. And the median was 0.71.

CNIGP.PFD's Dividend Payout Ratio is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.51
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-04), the Dividend Yield % of Corning Natural Gas Holding is 3.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Corning Natural Gas Holding was 4.09%. The lowest was 2.31%. And the median was 2.90%.

Corning Natural Gas Holding's Dividends per Share for the months ended in Mar. 2022 was $0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Corning Natural Gas Holding was 58.70% per year. The lowest was 0.00% per year. And the median was 5.30% per year.

The growth rate is calculated with least square regression.

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

Corning Natural Gas Holding Dividend Payout Ratio Historical Data

The historical data trend for Corning Natural Gas Holding'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.

Corning Natural Gas Holding Dividend Payout Ratio Chart

Corning Natural Gas Holding Annual Data

Trend

Sep12

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Sep21

Dividend Payout Ratio

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Corning Natural Gas Holding Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Corning Natural Gas Holding's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, Corning Natural Gas Holding'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.

Corning Natural Gas Holding's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Corning Natural Gas Holding's Dividend Payout Ratio distribution charts can be found below:

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

Corning Natural Gas Holding Dividend Payout Ratio Calculation

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

Corning Natural Gas Holding's Dividend Payout Ratio for the fiscal year that ended in Sep. 2021 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2021 )	/	EPS without NRI (A: Sep. 2021 )
	=	0	/	0
	=	N/A

Corning Natural Gas Holding's Dividend Payout Ratio for the quarter that ended in Mar. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2022 )	/	EPS without NRI (Q: Mar. 2022 )
	=	0	/	0
	=	N/A

Corning Natural Gas Holding (OTCPK:CNIGP.PFD) 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.

Corning Natural Gas Holding Dividend Payout Ratio Related Terms

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

Corning Natural Gas Holding (Corning Natural Gas Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Corning Natural Gas Holding Corp (OTCPK:CNIGP.PFD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

330 West William Street, Corning, NY, USA, 14830

Website

http://www.corninggas.com

Corning Natural Gas Holding Corp, through its subsidiaries, is engaged in natural gas and electric distribution. Its segments include Gas Company, Pike, Leatherstocking companies, and Holding company. The company serves residential, commercial, industrial, and municipal customers. The company generates the vast majority of its revenue from Gas distribution.

Executives

Williamson John B Iii	director	PO BOX 13007, ROANOKE VA 24030
Michael I German	director, officer: CEO and President	C/O ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Robert B Johnston	director
Joseph P Mirabito	director	C/O THE WILBER CORPORATION, 245 MAIN STREET, PO BOX 430, ONEONTA NY 13820
Ted W Gibson	director	330 WEST WILLIAM STREET, CORNING NY 14830
George J Welch	director	330 WEST WILLIAM ST, CORNING NY 14830
Cook Henry B Jr	director	330 WEST WILLIAM ST, CORNING NY 14830
William Mirabito	director	188 HIGHLAND TERRACE, WEST ONEONTA NY 13861
Russell S Miller	officer: SVP, Chief Information Officer
Matthew J Cook	officer: SVP & Chief Operations Officer	330 WEST WILLIAM STREET, CORNING NY 14830
Charles A. Lenns	officer: Vice President and CFO	330 WEST WILLIAM STREET, CORNING NY 14830
Stanley G Sleve	officer: Vice President Administration
Anita G Zucker	10 percent owner	4838 JENKINS AVE, N CHARLESTON SC 29405
Firouzeh Sarhangi	officer: Chief Financial Officer