China Tower Dividends and Buybacks
Dividend criteria checks 2/6
China Tower is a dividend paying company with a current yield of 2.07% that is well covered by earnings.
Key information
2.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 7.3% |
| Dividend Growth | 12.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0238 |
| Payout ratio | 82% |
Recent dividend and buyback updates
Recent updates
Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price
Oct 08
China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Sep 21China Tower (HKG:788) Is Looking To Continue Growing Its Returns On Capital
Aug 30These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Jun 17China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable
May 27Capital Allocation Trends At China Tower (HKG:788) Aren't Ideal
Mar 11Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (788) | 2.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Telecom) | 5.2% |
| Analyst forecast (788) (up to 3 years) | 7.3% |
Notable Dividend: 788's dividend (2.07%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.24%).
High Dividend: 788's dividend (2.07%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.4%), 788's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.6%), 788's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
China Tower Corporation Limited is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wenzhou Hu | BOCI Research Ltd. |
| Michael Meng | BOCI Research Ltd. |
| Wai Kit Chu | BofA Global Research |