China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services to broadcast, telecom, corporate, and government customers. It offers satellite resource leasing services, such as long-term and temporary rental; value-added services, including consulting, training, network access test and antenna certification, and interference location services, as well as tracking, telemetry, and control services; and bandwidth rental services for TV channels distribution, contribution, and direct to home broadcast through satellites. The company also provides equipment supply and system integration, uplink service, HUB hosting and operation, and other teleport services; information services comprising remote sensing images, location information, and weather information services; internet access, voip, telemedicine, and other services; and integration internet information, emergency communications, private network communication network, E-education, IoT, and telecommunication services. In addition, it offers telecommunication services that include telecommunication backhaul, terrestrial network, backup, and emergency response support to mobile base stations; streaming media, audio and video transmission, and live broadcasting services; smart monitoring and early warning services; business and general aviation network connection, voice, image, air traffic, and operational data services; and cabin services including internet, entertainment, travel, equipment rental and sales, repair and maintenance, system integration, teleport service, and information services. Further, the company provides integrated satellite broadband communication services, including enterprise network, internet connection, ICT, and audio and video transmission services for shipping lines, oil and gas, and global ports to connect shore and ship platforms for governments, enterprises, and consumers. It operates 16 geostationary communications and broadcasting satellites covering China, Australia, Southeast Asia, South Asia, the Middle East, Europe, Africa, etc. The company is based in Beijing, China. China Satellite Communications Co., Ltd. is a subsidiary of China Aerospace Science and Technology Corporation.
Chinatellite Communications Dividend Announcement
• Chinatellite Communications announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• Chinatellite Communications annual dividend for 2024 was ¥0.02
• Chinatellite Communications annual dividend for 2023 was ¥0.04
• Chinatellite Communications's trailing twelve-month (TTM) dividend yield is 0.11%
• Chinatellite Communications's payout ratio for the trailing twelve months (TTM) is 68.22%
Chinatellite Communications Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.02 | annually | 2024-06-27 |
2023-06-15 | ¥0.04 | annually | 2023-06-15 |
2022-06-15 | ¥0.03 | annually | 2022-06-15 |
2021-06-15 | ¥0.03 | annually | 2021-06-15 |
2020-12-29 | ¥0.01 | annually | 2020-12-29 |
2020-06-15 | ¥0.01 | annually | 2020-06-15 |
Chinatellite Communications Dividend per year
Chinatellite Communications Dividend growth
Chinatellite Communications Dividend Yield
Chinatellite Communications current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Chinatellite Communications stock? Use our calculator to estimate your expected dividend yield:
Chinatellite Communications Financial Ratios
Chinatellite Communications Dividend FAQ
Other factors to consider when evaluating Chinatellite Communications 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: Chinatellite Communications'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, Chinatellite Communications 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, Chinatellite Communications 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 Chinatellite Communications 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: Chinatellite Communications 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, Chinatellite Communications distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chinatellite Communications 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 Chinatellite Communications'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 Chinatellite Communications'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.