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ADNOC Gas (ADX:ADNOCGAS) Dividend Yield % : 5.07% (As of May. 16, 2024)


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What is ADNOC Gas Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of ADNOC Gas is 5.07%.

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

ADX:ADNOCGAS' s Dividend Yield % Range Over the Past 10 Years
Min: 2.38   Med: 2.49   Max: 5.13
Current: 5.07

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

ADX:ADNOCGAS's Dividend Yield % is ranked better than
61.65% of 498 companies
in the Oil & Gas industry
Industry Median: 3.965 vs ADX:ADNOCGAS: 5.07

ADNOC Gas's Dividend Payout Ratio for the six months ended in Dec. 2023 was 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.

As of today (2024-05-16), the Forward Dividend Yield % of ADNOC Gas is 5.07%.

ADNOC Gas's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for ADNOC Gas's Dividend Yield % 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 Yield % Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23
Dividend Yield %
- - 2.52

ADNOC Gas Semi-Annual Data
Dec20 Dec21 Dec23
Dividend Yield % - - 2.52

Competitive Comparison of ADNOC Gas's Dividend Yield %

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


ADNOC Gas's Dividend Yield % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where ADNOC Gas's Dividend Yield % falls into.



ADNOC Gas Dividend Yield % Calculation

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

ADNOC Gas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AED 0.0777602024-04-052024-04-152024-04-26Cash Dividendsemi-annuallyAED:AED 1.000000
AED 0.0777602023-11-232023-11-242023-12-24Cash Dividendsemi-annuallyAED:AED 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.

ADNOC Gas's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15552/3.07
=5.07 %

Current Share Price is د.إ3.07.
ADNOC Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is د.إ0.15552.

ADNOC Gas's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15552/3.07
=5.07 %

Current Share Price is د.إ3.07.
ADNOC Gas's Dividends per Share for the forward twelve months is calculated as د.إ0.07776 * 2 = د.إ0.15552.

* 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 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.


ADNOC Gas Dividend Yield % Related Terms

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


ADNOC Gas (ADX:ADNOCGAS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Corniche Road West, P.O. Box 898, Abu Dhabi, ARE
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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