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$0.24 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$0.24
• China Communications Services annual dividend for 2023 was HK$0.21
• China Communications Services's trailing twelve-month (TTM) dividend yield is 5.52%
• 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 49.76% year
• China Communications Services's dividend growth over the last ten years (2013-2023) was 4.35% year
China Communications Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-28 | HK$0.24 | annually | 2024-08-16 |
| 2023-07-03 | HK$0.21 | annually | 2023-08-18 |
| 2022-07-04 | HK$0.19 | annually | 2022-08-12 |
| 2021-07-05 | HK$0.16 | annually | 2021-08-13 |
| 2020-06-30 | HK$0.03 | annually | 2020-08-14 |
| 2019-07-03 | HK$0.14 | 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$0.12 | 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 5.52%. Interested in purchasing China Communications Services stock? Use our calculator to estimate your expected dividend yield:
China Communications Services Financial Ratios
P/E ratio7.22
PEG ratio-4.12
P/B ratio0.61
ROE8.53%
Payout ratio39.20%
Current ratio1.27
Quick ratio1.26
Cash Ratio0.30
China Communications Services Dividend FAQ
How much is the next China Communications Services dividend?
China Communications Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next China Communications Services dividend. The next China Communications Services dividend will be released in July.
When is China Communications Services dividend paid?
China Communications Services pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does China Communications Services pay?
The specific amount of China Communications Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Communications Services's dividend history.
Does China Communications Services stock pay dividends?
Yes, China Communications Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Communications Services's dividend history.
How much dividend does China Communications Services pay?
China Communications Services paid HK$0.239 in 2024, HK$0.213 in 2023, HK$0.192 in 2022, HK$0.162 in 2021, and HK$0.029 in 2020.
How often does China Communications Services pay dividends?
China Communications Services typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is China Communications Services's dividend yield?
The current dividend yield for China Communications Services is 5.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate China Communications Services's exact dividend yield.
When does China Communications Services go ex dividend?
China Communications Services's ex-dividend date for the latest dividend was on 2024-06-28. China Communications Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next China Communications Services dividend paid?
China Communications Services pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will China Communications Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether China Communications Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is China Communications Services dividend per share?
China Communications Services paid HK$0.239 per share in 2024 and HK$0.213 per share in 2023. The amount of dividend per share that China Communications Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is China Communications Services a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is China Communications Services a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is China Communications Services a dividend stock?
Yes, China Communications Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Communications Services a good dividend stock?
Whether China Communications Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. China Communications Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does China Communications Services pay dividends monthly?
China Communications Services typically pays dividends on a annually basis.
Does China Communications Services pay dividends quarterly?
China Communications Services currently pays dividends on a annually basis.
Has China Communications Services ever paid a dividend?
Yes, China Communications Services has a history of paying dividends to its shareholders. China Communications Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Communications Services dividend stocks?
To buy China Communications Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy China Communications Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy China Communications Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does China Communications Services pay dividends 2024?
China Communications Services pays dividends on a annually basis. 2024 dividend payments are in 2024-08-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will China Communications Services increase its dividend in 2024?
Decisions regarding China Communications Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date China Communications Services dividend overview you can look into the above table of dividend history.
How China Communications Services dividend works?
The China Communications Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how China Communications Services's dividend process works:
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. 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.
How are China Communications Services dividends paid?
China Communications Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does China Communications Services pay dividends?
China Communications Services typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does China Communications Services pay dividends?
The general pattern is that China Communications Services pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Communications Services dividend safe?
The safety of China Communications Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.