China Tower Dividend
Dividend criteria checks 2/6
China Tower is a dividend paying company with a current yield of 4.34% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
4.3%
Dividend yield
67%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.057 |
| Dividend yield forecast in 3Y | 9.4% |
Recent dividend updates
Recent updates
Capital Allocation Trends At China Tower (HKG:788) Aren't Ideal
Mar 11
China Tower Corporation Limited (HKG:788) Not Flying Under The Radar
Dec 21Investors Could Be Concerned With China Tower's (HKG:788) Returns On Capital
Nov 29China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Nov 06Returns On Capital At China Tower (HKG:788) Have Hit The Brakes
Aug 25These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Aug 04Here's What To Make Of China Tower's (HKG:788) Decelerating Rates Of Return
May 15China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Mar 19Returns On Capital Are Showing Encouraging Signs At China Tower (HKG:788)
Jan 24China Tower (HKG:788) Has A Pretty Healthy Balance Sheet
Dec 14China Tower (HKG:788) Is Doing The Right Things To Multiply Its Share Price
Oct 09We Think China Tower (HKG:788) Can Stay On Top Of Its Debt
Sep 03The Return Trends At China Tower (HKG:788) Look Promising
Jun 27Is China Tower (HKG:788) Using Too Much Debt?
Jun 05China Tower's (HKG:788) Returns On Capital Are Heading Higher
Mar 28These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Mar 07China Tower's (HKG:788) Returns On Capital Are Heading Higher
Dec 18Is China Tower (HKG:788) Using Too Much Debt?
Nov 22There's Been No Shortage Of Growth Recently For China Tower's (HKG:788) Returns On Capital
Sep 08Is China Tower (HKG:788) A Risky Investment?
Aug 17China Tower (HKG:788) Might Have The Makings Of A Multi-Bagger
Jun 07Is China Tower (HKG:788) Using Too Much Debt?
Apr 05China Tower Corporation Limited's (HKG:788) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 16Does China Tower (HKG:788) Have The Makings Of A Multi-Bagger?
Feb 26What Type Of Shareholders Make Up China Tower Corporation Limited's (HKG:788) Share Registry?
Feb 08China Tower's (HKG:788) Shareholders Are Down 30% On Their Shares
Jan 21
China Tower (HKG:788) Has A Pretty Healthy Balance Sheet
Jan 04Are China Tower Corporation Limited's (HKG:788) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 15Will China Tower's (HKG:788) Growth In ROCE Persist?
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 788 has been paying a dividend for less than 10 years.
Growing Dividend: 788's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| China Tower Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (788) | 4.3% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Telecom) | 5.9% |
| Analyst forecast in 3 Years (788) | 9.4% |
Notable Dividend: 788's dividend (4.34%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.38%).
High Dividend: 788's dividend (4.34%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67%), 788's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 788 is paying a dividend but the company has no free cash flows.