PCCW Dividend yield

PCCW is part of Fixed Line Telecommunications business, which is part of Telecommunications industry. PCCW is a company from Hong-Kong, and his stocks are publicly traded.

PCCW stock dividend

PCCW paid a total dividend of 2,941 million HKD last year, for a market value of 28,870 millions (Market Cap 15,517 millions). PCCW dividend per share is 0.38 HKD, and his stock market price 3.73 HKD.

According to the chart below, where dividend yield is displayed, PCCW has a dividend yield of 10.25%, which is higher than the amount offered by both the market average and companies from Hong-Kong. It is also bigger than average of Telecommunications 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 PCCW stocks dividend with other Fixed Line Telecommunications companies or other of the high Hong-Kong dividend stocks list.

PCCW Dividend Payout

About the ability of PCCW to maintain his current dividend of HKD 0.38 per share, an amount that accounts for 10.25%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PCCW payout on ernings is currently 102.70%, which is higher than the market average, and companies of Telecommunications industry, which are 39.34% and 41.86% respectively. Both figures show that PCCW 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 PCCW is HKD 1.17 per share, which is higher than the dividend per share paid by the company of HKD 0.38, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of PCCW, compared againt world market average, Hong-Kong companies, Telecommunications industry and Fixed Line Telecommunications sector companies.

PCCW Dividend History

Below you will find a table with the historical evolution of PCCW's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	10.25%	0.38	102.70%	7,740
2022	10.58%	0.37	90.24%	7,740
2021	8.19%	0.32	145.45%	7,730
2020	6.89%	0.32	82.05%	7,730
2019	6.84%	0.32	86.49%	7,720
2018	6.67%	0.30	31.91%	7,720
2017	6.33%	0.29	31.87%	7,720
2016	5.59%	0.25	30.86%	7,706
2015	4.51%	0.21	25.61%	7,549

*In millions

Then you can see the evolution of PCCW dividend stock, and compare it with the average of Hong-Kong stocks and that of the Fixed Line Telecommunications stocks.

PCCW Stock performance

Finally, last moth PCCW showed a return of -6.30% compared to a worldwide -2.49% average, and a -0.77% of Telecommunications firms. Over the last year, the company obtained a -5.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Hong-Kong and Fixed Line Telecommunications firms.