CITIC Telecom International Holdings is a dividend paying company with a current yield of 9.44% that is well covered by earnings. Next payment date is on 13th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
9.4%
Dividend yield
76%
Payout ratio
Industry average yield
5.9%
Next dividend pay date
13 Jun 24
Ex dividend date
23 May 24
Dividend per share
n/a
Earnings per share
HK$0.33
Dividend yield forecast in 3Y
10.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1883's dividends per share have been stable in the past 10 years.
Growing Dividend: 1883's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CITIC Telecom International Holdings Dividend Yield vs Market
How does 1883 dividend yield compare to the market?
Segment
Dividend Yield
Company (1883)
9.4%
Market Bottom 25% (HK)
3.3%
Market Top 25% (HK)
8.1%
Industry Average (Telecom)
5.9%
Analyst forecast in 3 Years (1883)
10.4%
Notable Dividend: 1883's dividend (9.44%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 1883's dividend (9.44%) is in the top 25% of dividend payers in the Hong Kong market (8.07%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76%), 1883's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.6%), 1883's dividend payments are covered by cash flows.