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Perennial Energy Holdings (HKSE:02798) Dividend Yield % : 10.33% (As of May. 17, 2024)


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What is Perennial Energy Holdings Dividend Yield %?

As of today (2024-05-17), the Trailing Annual Dividend Yield of Perennial Energy Holdings is 10.33%.

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

HKSE:02798' s Dividend Yield % Range Over the Past 10 Years
Min: 0.17   Med: 2.5   Max: 14.6
Current: 10.33

During the past 9 years, the highest Dividend Yield of Perennial Energy Holdings was 14.60%. The lowest was 0.17%. And the median was 2.50%.

HKSE:02798's Dividend Yield % is ranked better than
95.77% of 355 companies
in the Steel industry
Industry Median: 2.78 vs HKSE:02798: 10.33

Perennial Energy Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 9 years, the highest Dividend Payout Ratio of Perennial Energy Holdings was 0.36. The lowest was 0.07. And the median was 0.10.

As of today (2024-05-17), the Forward Dividend Yield % of Perennial Energy Holdings is 4.13%.

Perennial Energy Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Perennial Energy Holdings's average Dividends Per Share Growth Rate was 252.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 67.60% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Perennial Energy Holdings was 67.60% per year. The lowest was 67.60% per year. And the median was 67.60% per year.

The growth rate is calculated with least square regression.

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


Perennial Energy Holdings Dividend Yield % Historical Data

The historical data trend for Perennial Energy Holdings'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.

Perennial Energy Holdings Dividend Yield % Chart

Perennial Energy Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only - 0.25 2.30 5.36 14.71

Perennial Energy Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.30 1.99 5.36 10.68 14.71

Competitive Comparison of Perennial Energy Holdings's Dividend Yield %

For the Coking Coal subindustry, Perennial Energy Holdings'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.


Perennial Energy Holdings's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Perennial Energy Holdings's Dividend Yield % distribution charts can be found below:

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



Perennial Energy Holdings Dividend Yield % Calculation

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

Perennial Energy Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1250002023-06-122023-06-142023-07-03Cash DividendannuallyHKD:HKD 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.125/1.25
=10.00 %

Current Share Price is HK$1.25.
Perennial Energy Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.125.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.125/1.25
=10.00 %

Current Share Price is HK$1.25.
Perennial Energy Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.125 * 1 = HK$0.125.

* 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.


Perennial Energy Holdings  (HKSE:02798) 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.


Perennial Energy Holdings Dividend Yield % Related Terms

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


Perennial Energy Holdings (HKSE:02798) Business Description

Traded in Other Exchanges
Address
Hongguo Economic Development Area, Office Building next to E' Lang Pu Leisure Square, Guizhou Province, Liupanshui, CHN
Perennial Energy Holdings Ltd is a coal mining. The company operates two underground coal mines in the Songshan coalfield in western Panzhou City, Guizhou Province, the People's Republic of China, namely, the Hongguo Mine and the Baogushan Mine. The revenue of the company is derived from the production and sales of coal products including clean coal, middling coal, and sludge coal; and the sale of coalbed methane gas as well as subcontracting income on coal washing services for Bangda in the People's Republic of China.

Perennial Energy Holdings (HKSE:02798) Headlines

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