China Tower Corporation Limited provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems. It offers towers, and shelters or cabinets; and ancillary equipment to telecommunication services providers for installation of the telecommunications equipment. The company also provides maintenance services, including monitoring equipment operation, routine inspection, device breakdown handling, property upkeep, working environment protection, and operation analysis services. In addition, it offers power access, batteries, or back up power generation to the customers' telecommunications equipment; and indoor distributed antenna systems connecting telecommunication equipment, enabling them to receive and send indoor mobile telecommunication network signals, as well as mobile telecommunication network signals covering buildings, large venues, and tunnels. Further, the company provides backup power services to standby emergency power supply to corporate customers; battery exchange services to replaceable batteries to individual customers; and battery recharge services to corporate and individual customers, as well as engages in the provision of integrated information, power generation, and energy storage services. Additionally, it provides trans-sector site application and information services. The company was formerly known as China Communications Facilities Services Corporation Limited and changed its name to China Tower Corporation Limited in September 2014. China Tower Corporation Limited was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
China Tower Dividend Announcement
• China Tower announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-09-19
• China Tower annual dividend for 2024 was $0.05
• China Tower annual dividend for 2023 was $0.04
• China Tower's trailing twelve-month (TTM) dividend yield is 5.52%
• China Tower's payout ratio for the trailing twelve months (TTM) is 27.47%
China Tower Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-19 | $0.01 | semi annually | 2024-11-29 |
| 2024-05-23 | $0.04 | semi annually | 2024-06-28 |
| 2023-05-16 | $0.04 | semi annually | 2023-06-30 |
| 2022-05-16 | $0.03 | semi annually | 2022-06-30 |
| 2021-05-17 | $0.03 | semi annually | 2021-06-30 |
| 2020-05-26 | $0.00 | semi annually | 2020-06-30 |
| 2019-04-29 | $0.00 | semi annually | 2019-06-28 |
China Tower Dividend per year
China Tower Dividend growth
China Tower Dividend Yield
China Tower current trailing twelve-month (TTM) dividend yield is 5.52%. Interested in purchasing China Tower stock? Use our calculator to estimate your expected dividend yield:
China Tower Financial Ratios
P/E ratio16.08
PEG ratio0.13
P/B ratio0.84
ROE5.18%
Payout ratio27.47%
Current ratio1.17
Quick ratio1.17
Cash Ratio0.06
China Tower Dividend FAQ
How much is the next China Tower dividend?
China Tower'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 Tower dividend. The next China Tower dividend will be released in May.
When is China Tower dividend paid?
China Tower pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May. 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 Tower pay?
The specific amount of China Tower 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 Tower's dividend history.
Does China Tower stock pay dividends?
Yes, China Tower 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 Tower's dividend history.
How much dividend does China Tower pay?
China Tower paid $0.052 in 2024, $0.037 in 2023, $0.031 in 2022, $0.027 in 2021, and $0.002 in 2020.
How often does China Tower pay dividends?
China Tower typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May.
What is China Tower's dividend yield?
The current dividend yield for China Tower 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 Tower's exact dividend yield.
When does China Tower go ex dividend?
China Tower's ex-dividend date for the latest dividend was on 2024-09-19. China Tower 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 Tower dividend paid?
China Tower pays dividends on a semi annually basis, typically around May, but the exact dates can vary each year.
Will China Tower 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 Tower 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 Tower dividend per share?
China Tower paid $0.052 per share in 2024 and $0.037 per share in 2023. The amount of dividend per share that China Tower 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 Tower 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 Tower 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 Tower a dividend stock?
Yes, China Tower is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Tower a good dividend stock?
Whether China Tower 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 Tower has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China Tower 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 Tower 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 Tower pay dividends monthly?
China Tower typically pays dividends on a semi annually basis.
Does China Tower pay dividends quarterly?
China Tower currently pays dividends on a semi annually basis.
Has China Tower ever paid a dividend?
Yes, China Tower has a history of paying dividends to its shareholders. China Tower is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Tower dividend stocks?
To buy China Tower 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 Tower 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 Tower 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 Tower pay dividends 2024?
China Tower pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-29. 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 Tower increase its dividend in 2024?
Decisions regarding China Tower 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 Tower dividend overview you can look into the above table of dividend history.
How China Tower dividend works?
The China Tower 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 Tower's dividend process works:
1. Determination of Dividend: China Tower'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 Tower 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 Tower 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 Tower 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 Tower'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 Tower 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 Tower 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 Tower 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 Tower dividends paid?
China Tower dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China Tower 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 Tower 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 Tower 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 Tower 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 Tower 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 Tower 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 Tower pay dividends?
China Tower typically pays dividends on a semi 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 Tower pay dividends?
The general pattern is that China Tower pays dividends around May. 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 Tower dividend safe?
The safety of China Tower'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 Tower'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 Tower'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 Tower'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 Tower'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.