China Tower Dividend
Dividend criteria checks 3/6
China Tower is a dividend paying company with a current yield of 2.45% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 19th September, 2024.
Key information
2.4%
Dividend yield
82%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.0239 |
| Earnings per share | €0.059 |
| Dividend yield forecast | 8.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2Y1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2Y1's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| China Tower Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2Y1) | 2.4% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Telecom) | 2.8% |
| Analyst forecast (2Y1) (up to 3 years) | 8.6% |
Notable Dividend: 2Y1's dividend (2.45%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: 2Y1's dividend (2.45%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.4%), 2Y1's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.6%), 2Y1's dividend payments are well covered by cash flows.