China Tower (H) Dividend yield




   HKD/share 
 Price  1.02
 Dividend  0.03
 Earnings  0.01
 Cash-flow  0.09
 Book value  0.33
 Equity  0.29

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

China Tower (H) paid a total dividend of 5,280 million HKD last year, for a market value of 179,529 millions (Market Cap 47,595 millions). Dividend per share of China Tower (H) is 0.03 HKD, and his stock market price 1.02 HKD.

According to the chart below, where dividend yield is displayed, China Tower (H) has a dividend yield of 2.64%, 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 Tower (H) dividend yield with other Technology Hardware and Equip. companies or firms from China.

Dividend yield of China Tower (H)

China Tower (H) Dividend Payout

About the ability of China Tower (H) to maintain his current dividend of HKD 0.03 per share, an amount that accounts for 2.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Tower (H) payout on ernings is currently 300.00%, 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 Tower (H) 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 Tower (H) is HKD 0.09 per share, which is higher than the dividend per share paid by the company of HKD 0.03, 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 Tower (H), compared againt world market average, China companies, Technology industry and Technology Hardware and Equip. sector companies.

China Tower (H) payout

China Tower (H) Dividend History

Year Yield  HKD  Paypout  Shares* 
Present2.64%0.03300.00%176,009
20201.51%0.020.00%176,009
20190.15%0.000.00%176,009
20180.00%0.000.00%176,009

*In millions

China Tower (H) Stock performance

Finally, last moth China Tower (H) showed a return of 0.00% compared to a worldwide -1.33% average, and a -2.53% of Technology firms. Over the last year, the company obtained a -23.90% 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 Tower (H) stock and market return