China Tower Dividends and Buybacks
Dividend criteria checks 3/6
China Tower is a dividend paying company with a current yield of 4.27% that is well covered by earnings.
Key information
4.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 9.0% |
| Dividend Growth | 24.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.00526 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CTOW.Y has been paying a dividend for less than 10 years.
Growing Dividend: CTOW.Y'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 (CTOW.Y) | 4.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Telecom) | 6.5% |
| Analyst forecast (CTOW.Y) (up to 3 years) | 9.0% |
Notable Dividend: CTOW.Y's dividend (4.27%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CTOW.Y's dividend (4.27%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.2%), CTOW.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.5%), CTOW.Y's dividend payments are covered by cash flows.