China Tower Corporation Limited

SEHK:788 Stock Report

Market Cap: HK$201.7b

China Tower Dividends and Buybacks

Dividend criteria checks 3/6

China Tower is a dividend paying company with a current yield of 3.94% that is well covered by earnings. Next payment date is on 30th June, 2025 with an ex-dividend date of 23rd May, 2025.

Key information

3.9%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield3.9%
Future Dividend Yield7.9%
Dividend Growth28.4%
Next dividend pay date30 Jun 25
Ex dividend date23 May 25
Dividend per sharen/a
Payout ratio66%

Recent dividend and buyback updates

Recent updates

China Tower (HKG:788) Has Some Way To Go To Become A Multi-Bagger

May 11
China Tower (HKG:788) Has Some Way To Go To Become A Multi-Bagger

Here's Why We Think China Tower (HKG:788) Is Well Worth Watching

Apr 25
Here's Why We Think China Tower (HKG:788) Is Well Worth Watching
author-image

Expanding Two Wings And Smart Tower Businesses Will Improve Future Operational Efficiency

Expansion into Two Wings business and Smart Tower growth indicates strategic diversification to drive future revenue beyond core offerings.

China Tower Corporation Limited (HKG:788) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 19
China Tower Corporation Limited (HKG:788) Just Reported And Analysts Have Been Lifting Their Price Targets

Why Investors Shouldn't Be Surprised By China Tower Corporation Limited's (HKG:788) P/E

Feb 07
Why Investors Shouldn't Be Surprised By China Tower Corporation Limited's (HKG:788) P/E

China Tower's (HKG:788) Returns On Capital Are Heading Higher

Jan 15
China Tower's (HKG:788) Returns On Capital Are Heading Higher

Is China Tower (HKG:788) Using Too Much Debt?

Dec 24
Is China Tower (HKG:788) Using Too Much Debt?

Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price

Oct 08
Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price

China Tower (HKG:788) Seems To Use Debt Quite Sensibly

Sep 21
China Tower (HKG:788) Seems To Use Debt Quite Sensibly

China Tower (HKG:788) Is Looking To Continue Growing Its Returns On Capital

Aug 30
China Tower (HKG:788) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well

Jun 17
These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well

China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable

May 27
China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 788 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 788'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
How does 788 dividend yield compare to the market?
SegmentDividend Yield
Company (788)3.9%
Market Bottom 25% (HK)3.0%
Market Top 25% (HK)7.7%
Industry Average (Telecom)4.9%
Analyst forecast (788) (up to 3 years)7.9%

Notable Dividend: 788's dividend (3.94%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.02%).

High Dividend: 788's dividend (3.94%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.74%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (66.5%), 788's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37%), 788's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/25 01:23
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

China Tower Corporation Limited is covered by 37 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wai Kit ChuBofA Global Research
Ahmad HalimCFRA Equity Research
Kai QianChina International Capital Corporation Limited