China Tower Dividend
Dividend criteria checks 3/6
China Tower is a dividend paying company with a current yield of 3.96% that is well covered by earnings.
Key information
4.0%
Dividend yield
64%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$0.052 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 788 N has been paying a dividend for less than 10 years.
Growing Dividend: 788 N's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
China Tower Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (788 N) | 4.0% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.5% |
Industry Average (Telecom) | 3.3% |
Analyst forecast in 3 Years (788 N) | 6.3% |
Notable Dividend: 788 N's dividend (3.96%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: 788 N's dividend (3.96%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), 788 N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.7%), 788 N's dividend payments are well covered by cash flows.