China Communications Services Corporation Limited provides telecommunications support services worldwide. It offers telecommunications infrastructure services, including planning, design, construction, and project supervision for fixedline, mobile, broadband networks, data centers and supporting systems; construction services of ancillary communications networks; and integrated solutions for informatization, as well as intelligentization solutions of industries. The company also provides business process outsourcing services comprising network maintenance and optimization services that include fiber optic and electric cables, mobile base stations, network equipment, and terminals; property management services for customers data centers, cloud computing bases, commercial and residential buildings, high-speed railway stations, airports, etc.; and supply chain services, including logistics and transportation, warehousing and distribution, inspection service and tender agent, digital procurement, repair and disposition to domestic telecommunications operators, government, and enterprises customers. In addition, it offers applications, content, and other services, such as system integration, software development and system support, value-added, and other services. Further, the company provides submarine cable installation and other related services. Additionally, it involved in the distribution of communication products; terminals sales; device distribution services; and distribution and procurement services of IT devices, auxiliary machinery, and equipment. It serves telecommunications operators; and non-telecom operator customers, such as government, construction, transportation, power, and financial institutions, as well as overseas customers. The company was incorporated in 2006 and is headquartered in Beijing, China. China Communications Services Corporation Limited is a subsidiary of China Telecommunications Corporation.
China Communications Services Dividend Announcement
• China Communications Services announced a annually dividend of HK$0.26 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-06-28
• China Communications Services annual dividend for 2024 was HK$0.26
• China Communications Services annual dividend for 2023 was HK$0.23
• China Communications Services's trailing twelve-month (TTM) dividend yield is 5.56%
• China Communications Services's payout ratio for the trailing twelve months (TTM) is 39.20%
• China Communications Services's dividend growth over the last five years (2018-2023) was 52.11% year
• China Communications Services's dividend growth over the last ten years (2013-2023) was 5.17% year
China Communications Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | HK$0.26 | annually | 2024-08-16 |
2023-07-03 | HK$0.23 | annually | 2023-08-18 |
2022-07-04 | HK$0.01 | annually | 2022-08-12 |
2021-07-05 | HK$0.03 | annually | 2021-08-13 |
2020-06-30 | HK$0.03 | annually | 2020-08-14 |
2019-07-03 | HK$0.03 | annually | 2019-08-16 |
2018-07-04 | HK$0.03 | annually | 2018-08-17 |
2017-07-04 | HK$0.03 | annually | 2017-08-18 |
2016-07-05 | HK$0.01 | annually | |
2015-07-06 | HK$0.12 | annually | |
2014-07-08 | HK$0.16 | annually | |
2013-07-08 | HK$0.14 | annually |
China Communications Services Dividend per year
China Communications Services Dividend growth
China Communications Services Dividend Yield
China Communications Services current trailing twelve-month (TTM) dividend yield is 5.56%. Interested in purchasing China Communications Services stock? Use our calculator to estimate your expected dividend yield:
China Communications Services Financial Ratios
China Communications Services Dividend FAQ
Other factors to consider when evaluating China Communications Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: China Communications Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, China Communications Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, China Communications Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from China Communications Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: China Communications Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, China Communications Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Communications Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of China Communications Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review China Communications Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.