China Communications Dividend yield




   HKD/share 
 Price  4.32
 Dividend  0.39
 Earnings  0.56
 Cash-flow  1.00
 Book value  6.17
 Equity  6.15

China Communications is part of Technology Hardware and Equip. business, which is part of Technology industry. China Communications is a company from China, and his stocks are publicly traded.

China Communications paid a total dividend of 2,701 million HKD last year, for a market value of 29,920 millions (Market Cap 10,331 millions). Dividend per share of China Communications is 0.39 HKD, and his stock market price 4.32 HKD.

According to the chart below, where dividend yield is displayed, China Communications has a dividend yield of 8.99%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare China Communications dividend yield with other Technology Hardware and Equip. companies or firms from China.

Dividend yield of China Communications

China Communications Dividend Payout

About the ability of China Communications to maintain his current dividend of HKD 0.39 per share, an amount that accounts for 8.99%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Communications payout on ernings is currently 69.64%, which is higher than the market average, and companies of Technology industry, which are 39.27% and 40.46% respectively. Both figures show that China Communications can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Communications is HKD 1.00 per share, which is higher than the dividend per share paid by the company of HKD 0.39, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Communications, compared againt world market average, China companies, Technology industry and Technology Hardware and Equip. sector companies.

China Communications payout

China Communications Dividend History

Year Yield  HKD  Paypout  Shares* 
Present8.99%0.3969.64%6,926
202010.15%0.3564.81%6,926
20193.02%0.1734.69%6,926
20182.18%0.1430.43%6,926
20172.40%0.1328.26%6,926
20164.82%0.2256.41%6,926
20153.77%0.1128.21%6,926

*In millions

China Communications Stock performance

Finally, last moth China Communications showed a return of 4.30% compared to a worldwide -1.33% average, and a -2.53% of Technology firms. Over the last year, the company obtained a -4.80% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Technology Hardware and Equip. firms.

China Communications stock and market return