CLP Payout ratio
What is the Payout ratio of CLP?
The Payout ratio of CLP Holdings Limited is 73.54%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Utilities sector on HKSE compared to CLP
What does CLP do?
CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Southeast Asia, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar. It serves 5.15 million retail customers in Hong Kong and Australia. The company is also involved in the provision of pumped storage services, and energy and infrastructure solutions; property investment activities; and retail of electricity and gas. It has generating capacity of 20,018 equity megawatts; and 16,834 kilometers of transmission and high voltage distribution lines. CLP Holdings Limited was founded in 1901 and is based in Hung Hom, Hong Kong.
Companies with payout ratio similar to CLP
- Smurfit Kappa Plc has Payout ratio of 73.28%
- Hillenbrand Inc has Payout ratio of 73.35%
- Indian Exchange has Payout ratio of 73.35%
- Diageo Plc has Payout ratio of 73.37%
- Bharat Bijlee has Payout ratio of 73.44%
- SLR Investment Corp has Payout ratio of 73.48%
- CLP has Payout ratio of 73.54%
- Xinjiang GoldWind Science & Technology Co has Payout ratio of 73.57%
- Iridium Communications Inc has Payout ratio of 73.61%
- Jyothy Laboratories has Payout ratio of 73.62%
- EVI Industries Inc has Payout ratio of 73.68%
- Want Want China has Payout ratio of 73.81%
- China International Capital has Payout ratio of 73.88%