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China Mobile (FRA:CTM) Forward Dividend Yield % : 6.83% (As of Apr. 26, 2024)


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What is China Mobile Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of China Mobile is 6.83%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of China Mobile is 6.66%.

FRA:CTM's Forward Dividend Yield % is ranked better than
76.47% of 221 companies
in the Telecommunication Services industry
Industry Median: 4.52 vs FRA:CTM: 6.83

China Mobile's Dividends per Share for the three months ended in Mar. 2024 was €0.00.

During the past 12 months, China Mobile's average Dividends Per Share Growth Rate was 5.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of China Mobile's Forward Dividend Yield %

For the Telecom Services subindustry, China Mobile's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Mobile's Forward Dividend Yield % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Mobile's Forward Dividend Yield % falls into.



China Mobile Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

China Mobile Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 2.4302023-09-042023-09-052023-09-25Cash Dividendsemi-annuallyHKD:EUR 0.119669
HKD 2.2102023-06-072023-06-092023-06-26Cash Dividendsemi-annuallyHKD:EUR 0.117785

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

China Mobile's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.58159134/8.268
=7.03 %

Current Share Price is €8.268.
China Mobile's Dividends per Share for the forward twelve months is calculated as €0.29079567 * 2 = €0.58159134.

China Mobile's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.55110052/8.268
=6.67 %

Current Share Price is €8.268.
China Mobile's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.55110052.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Mobile  (FRA:CTM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


China Mobile Forward Dividend Yield % Related Terms

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China Mobile (FRA:CTM) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.