CITIC Telecom International Holdings Limited, an investment holding company, provides telecommunications services worldwide. The company provides carrier services, such as mobile roaming signaling SCCP, single IMSI multiple number, pre-paid roaming, MVNE, GMVNO, USSD, IP packet exchange, and short message service (SMS) firewall; Internet services; and international voice services, including voice hubbing service in handling roaming service for mobile and fixed line operators and data roaming services for mobile operators; SMS services; datamall; big data; and Internet of Things services. It also offers enterprise solutions, including network connectivity, data center, cloud computing, information security, enterprise mobile services, and voice and information services; and Internet-based communication services, such as Communication Platform as a Service for handset manufacturers and OTT operators. In addition, the company builds the infrastructure and applications of Digital Macau; and provides communications services for local airports, entertainment facilities, and events, such as the Macau Grand Prix, as well as offers local and roaming communications services to individual customers. Further, it offers mobile services, which includes local 4G, roaming, greater bay, and OTT TV services; local and international fixed line telephone; sales of handsets; and WIFI hotspots and home broadband services. The company was formerly known as CITIC 1616 Holdings Limited and changed its name to CITIC Telecom International Holdings Limited in 2010. CITIC Telecom International Holdings Limited was incorporated in 1997 and is headquartered in Kwai Chung, Hong Kong. CITIC Telecom International Holdings Limited operates as a subsidiary of CITIC Limited.
CITIC Telecom International Dividend Announcement
• CITIC Telecom International announced a semi annually dividend of HK$0.06 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-09
• CITIC Telecom International annual dividend for 2024 was HK$0.25
• CITIC Telecom International annual dividend for 2023 was HK$0.24
• CITIC Telecom International's trailing twelve-month (TTM) dividend yield is 10.95%
• CITIC Telecom International's payout ratio for the trailing twelve months (TTM) is 96.99%
• CITIC Telecom International's dividend growth over the last five years (2018-2023) was 7.58% year
• CITIC Telecom International's dividend growth over the last ten years (2013-2023) was 9.82% year
CITIC Telecom International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | HK$0.06 | semi annually | 2024-09-27 |
2024-05-23 | HK$0.19 | semi annually | 2024-06-13 |
2023-09-07 | HK$0.06 | semi annually | 2023-09-29 |
2023-05-29 | HK$0.18 | semi annually | 2023-06-14 |
2022-09-07 | HK$0.06 | semi annually | 2022-09-30 |
2022-05-25 | HK$0.17 | semi annually | 2022-06-13 |
2021-09-08 | HK$0.06 | semi annually | 2021-09-29 |
2021-05-18 | HK$0.16 | semi annually | 2021-06-04 |
2020-09-04 | HK$0.05 | semi annually | 2020-09-24 |
2020-05-15 | HK$0.15 | semi annually | 2020-06-02 |
2019-09-02 | HK$0.05 | semi annually | 2019-09-20 |
2019-05-17 | HK$0.14 | semi annually | 2019-06-04 |
2018-09-04 | HK$0.04 | semi annually | 2018-09-24 |
2018-05-16 | HK$0.13 | semi annually | 2018-06-04 |
2017-08-30 | HK$0.03 | semi annually | 2017-09-20 |
2017-06-05 | HK$0.10 | semi annually | 2017-06-20 |
2016-09-01 | HK$0.03 | semi annually | |
2016-05-18 | HK$0.10 | semi annually | 2016-06-02 |
2015-09-09 | HK$0.03 | semi annually | 2015-09-30 |
2015-04-23 | HK$0.09 | semi annually | 2015-05-11 |
2014-08-25 | HK$0.03 | semi annually | 2014-09-12 |
2014-04-29 | HK$0.08 | semi annually | 2014-05-16 |
2013-08-22 | HK$0.02 | semi annually | 2013-09-10 |
2013-04-16 | HK$0.07 | semi annually | 2013-04-30 |
CITIC Telecom International Dividend per year
CITIC Telecom International Dividend growth
CITIC Telecom International Dividend Yield
CITIC Telecom International current trailing twelve-month (TTM) dividend yield is 10.95%. Interested in purchasing CITIC Telecom International stock? Use our calculator to estimate your expected dividend yield:
CITIC Telecom International Financial Ratios
CITIC Telecom International Dividend FAQ
Other factors to consider when evaluating CITIC Telecom International 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: CITIC Telecom International'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, CITIC Telecom International 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, CITIC Telecom International 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 CITIC Telecom International 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: CITIC Telecom International 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, CITIC Telecom International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CITIC Telecom International 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 CITIC Telecom International'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 CITIC Telecom International'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.