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China Tobacco International (HK) CoCTOBF 88 Dividend Payout Ratio is 0.21 as of Jun. 2026, which is 36% below its 10-year median of 0.33. GuruFocus rates CTOBF with a GF Score™ of 88/100 and a GF Value™ of $1.93. The stock has 2 warning signs investors should review. Among 27 Tobacco Products companies, China Tobacco International (HK) Co ranks better than 66.67% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. China Tobacco International (HK) Co's Dividend Payout Ratio for the
months ended in Jun. 2026 was 0.21.
The historical rank and industry rank for China Tobacco International (HK) Co's Dividend Payout Ratio or its related term are showing as below:
During the past 11 years, the highest Dividend Payout Ratio of China Tobacco International (HK) Co was 1.07. The lowest was 0.08. And the median was 0.33.
CTOBF's Dividend Payout Ratio is not ranked *
in the Tobacco Products industry.
Industry Median: 0.68 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 11 years, the highest Trailing Annual Dividend Yield of China Tobacco International (HK) Co was 2.65%. The lowest was 0.00%. And the median was 1.31%.
During the past 12 months, China Tobacco International (HK) Co's average Dividends Per Share Growth Rate was 13.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 43.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 46.00% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of China Tobacco International (HK) Co was 127.30% per year. The lowest was 7.70% per year. And the median was 43.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
China Tobacco International (HK) Co (OTCPK:CTOBF) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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.
China Tobacco International (HK) Co Dividend Payout Ratio Related Terms
China Tobacco International (HK) Co Dividend Payout Ratio Historical Data
* 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 Tobacco International (HK) Co Dividend Payout Ratio Chart
CTOBF vs PM, MO, TPB: Dividend Payout Ratio Comparison
For the Tobacco subindustry, China Tobacco International (HK) Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Tobacco International (HK) Co Dividend Payout Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where China Tobacco International (HK) Co's Dividend Payout Ratio falls into.
China Tobacco International (HK) Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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 Tobacco International (HK) Co (CTOBF) has a Dividend Payout Ratio of 0.21 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on China Tobacco International (HK) Co and its competitors. This is 36% below median its historical median of 0.33. Over the past decade, China Tobacco International (HK) Co's Dividend Payout Ratio has ranged from 0.08 to 1.07. According to the industry distribution chart, China Tobacco International (HK) Co ranks #9 out of 27 companies in the Tobacco Products industry, placing it in the top 33.3%.
Is China Tobacco International (HK) Co's Dividend Payout Ratio too high?
China Tobacco International (HK) Co's current Dividend Payout Ratio of 0.21 is 36% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.07. The Tobacco Products industry median Dividend Payout Ratio is 0.68. China Tobacco International (HK) Co's value of 0.21 is 69.1% below this industry median. Based on the distribution chart, China Tobacco International (HK) Co ranks #9 out of 27 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, China Tobacco International (HK) Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does China Tobacco International (HK) Co's Dividend Payout Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, China Tobacco International (HK) Co ranks #9 out of 27 companies for Dividend Payout Ratio. This puts China Tobacco International (HK) Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.68. China Tobacco International (HK) Co's value of 0.21 is 69.1% below this benchmark. Historically, China Tobacco International (HK) Co's own Dividend Payout Ratio has ranged from 0.08 to 1.07 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.68, China Tobacco International (HK) Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Tobacco Products company?
The median Dividend Payout Ratio among Tobacco Products companies is 0.68, based on 27 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tobacco International (HK) Co's current Dividend Payout Ratio of 0.21 is 69.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on China Tobacco International (HK) Co and its competitors. For the Tobacco Products industry, the median Dividend Payout Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tobacco International (HK) Co's current Dividend Payout Ratio is 0.21, which is 36% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tobacco International (HK) Co stock overvalued right now?
China Tobacco International (HK) Co (CTOBF) has a current Dividend Payout Ratio of 0.21. The stock's GF Value™ is $1.93, compared to a current price of $2.05 — trading 6.2% above its estimated fair value. The current Dividend Payout Ratio is 0.21, which is 36% below median its 10-year median of 0.33 and 69.1% below the Tobacco Products industry median of 0.68. China Tobacco International (HK) Co's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For China Tobacco International (HK) Co (CTOBF), the current Dividend Payout Ratio is 0.21 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Tobacco International (HK) Co (CTOBF) Overvalued in 2026?
Based on GuruFocus' analysis, China Tobacco International (HK) Co stock appears to be overvalued.
The current stock price of $2.05 is trading 6.2% above its estimated GF Value™ of $1.93.
Key valuation signals for CTOBF:
Dividend Payout Ratio: 0.21 (36% below median its 10-year median of 0.33)
GF Value™: $1.93 vs. price of $2.05 (6.2% above fair value)
Industry Position: 69.1% below the Tobacco Products median (#9 of 27)
No single metric tells the full story. See the CTOBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through various segments namely the Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, the New Tobacco Product Export Business, and the Brazil Operation Business. The company's geographical segments are China (excluding the SARs), Indonesia, Korea, Hong Kong, Philippines, Vietnam, Brazil, Belgium, Poland, Paraguay, Egypt, and others, of which it derives maximum revenue from the PRC. It earns maximum revenue from the Tobacco Leaf Product Import Business.
88GF Score
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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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