CTOWY (China Tower) Dividend Payout Ratio: 0.41 (As of Dec. 2025) — 15% Below Median


CTOWY China Tower Corp Ltd CTOWY
72 GF Score
Price $14.93
GF Value $18.90
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is China Tower Dividend Payout Ratio?

China Tower CTOWY 72 Dividend Payout Ratio is 0.41 as of Dec. 2025, which is 15% below its 10-year median of 0.48. GuruFocus rates CTOWY with a GF Score™ of 72/100 and a GF Value™ of $18.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 191 Telecommunication Services companies, China Tower ranks worse than 63.35% 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 Tower's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.41.

The historical rank and industry rank for China Tower's Dividend Payout Ratio or its related term are showing as below:

CTOWY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.48   Max: 0.82
Current: 0.67

During the past 11 years, the highest Dividend Payout Ratio of China Tower was 0.82. The lowest was 0.07. And the median was 0.48.

CTOWY's Dividend Payout Ratio is ranked worse than
63.35% of 191 companies
in the Telecommunication Services industry
Industry Median: 0.53 vs CTOWY: 0.67

As of today (2026-07-01), the Dividend Yield % of China Tower is 4.44%.

During the past 11 years, the highest Trailing Annual Dividend Yield of China Tower was 5.52%. The lowest was 0.13%. And the median was 3.27%.

China Tower's Dividends per Share for the months ended in Dec. 2025 was $0.19.

During the past 12 months, China Tower's average Dividends Per Share Growth Rate was -5.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.10% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of China Tower was 127.40% per year. The lowest was 18.20% per year. And the median was 25.80% 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 Tower (OTCPK:CTOWY) 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 Tower Dividend Payout Ratio Related Terms

China Tower Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for China Tower's Dividend Payout Ratio can be seen below:

* 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 Tower Dividend Payout Ratio Chart

China Tower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.45 0.58 0.81 0.67

China Tower Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.20 0.38 0.93 0.41

CTOWY vs TMUS, VZ, T: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, China Tower'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 Tower Dividend Payout Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Tower's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where China Tower's Dividend Payout Ratio falls into.


CTOWY
72GF Score
China Tower Corp Ltd CTOWY
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Tower 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.

China Tower's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.624/ 0.934
=0.67

China Tower's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.189/ 0.466
=0.41

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.41 mean?
China Tower (CTOWY) has a Dividend Payout Ratio of 0.41 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on China Tower and its competitors. This is 15% below median its historical median of 0.48. Over the past decade, China Tower's Dividend Payout Ratio has ranged from 0.07 to 0.82. According to the industry distribution chart, China Tower ranks #121 out of 191 companies in the Telecommunication Services industry, placing it in the top 63.4%.
Is China Tower's Dividend Payout Ratio too high?
China Tower's current Dividend Payout Ratio of 0.41 is 15% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.82. The Telecommunication Services industry median Dividend Payout Ratio is 0.53. China Tower's value of 0.41 is 22.6% below this industry median. Based on the distribution chart, China Tower ranks #121 out of 191 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, China Tower has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Tower's Dividend Payout Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, China Tower ranks #121 out of 191 companies for Dividend Payout Ratio. This places China Tower in the lower half of its industry. The industry median Dividend Payout Ratio is 0.53. China Tower's value of 0.41 is 22.6% below this benchmark. Historically, China Tower's own Dividend Payout Ratio has ranged from 0.07 to 0.82 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.53, China Tower 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 Telecommunication Services company?
The median Dividend Payout Ratio among Telecommunication Services companies is 0.53, based on 191 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 Tower's current Dividend Payout Ratio of 0.41 is 22.6% 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 Tower and its competitors. For the Telecommunication Services industry, the median Dividend Payout Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tower's current Dividend Payout Ratio is 0.41, which is 15% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tower stock overvalued right now?
Based on GuruFocus' analysis, China Tower (CTOWY) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.90, compared to a current price of $14.93 — trading 21% below its estimated fair value. The current Dividend Payout Ratio is 0.41, which is 15% below median its 10-year median of 0.48 and 22.6% below the Telecommunication Services industry median of 0.53. China Tower's overall GF Score™ is 72/100 with 3 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 Tower (CTOWY), the current Dividend Payout Ratio is 0.41 as of Dec. 2025. 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 Tower (CTOWY) Overvalued in 2026?

Based on GuruFocus' analysis, China Tower stock appears to be undervalued. The current stock price of $14.93 is trading 21% below its estimated GF Value™ of $18.90. GuruFocus considers China Tower to be Modestly Undervalued.

Key valuation signals for CTOWY:

  • Dividend Payout Ratio: 0.41 (15% below median its 10-year median of 0.48)
  • GF Value™: $18.90 vs. price of $14.93 (21% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 22.6% below the Telecommunication Services median (#121 of 191)

No single metric tells the full story. See the CTOWY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Tower Business Description

Address Yard No. 9, Dongran North Street, Room 101, LG1 to 3rd Floor, Building 14, North District, Haidian District, Beijing, CHN
China Tower Corp Ltd is a telecommunications tower infrastructure service provider. It is principally engaged in the construction, maintenance, and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). The Group's various operating divisions are Tower business, DAS business, Smart Tower business, and Energy business. Geographically, the Group derives all of its revenue from Mainland China.
72GF Score

Get the complete analysis for CTOWY

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.93
Price
$18.90
GF Value