CTOWY (China Tower) Dividend Payout Ratio : 0.00 (As of Jun. 2024)

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What is China Tower Dividend Payout Ratio?

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 Jun. 2024 was 0.00.

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

During the past 9 years, the highest Dividend Payout Ratio of China Tower was 0.55. The lowest was 0.08. And the median was 0.45.

CTOWY's Dividend Payout Ratio is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.59
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-09-25), the Dividend Yield % of China Tower is 0.00%.

During the past 9 years, the highest Trailing Annual Dividend Yield of China Tower was 5.00%. The lowest was 0.00%. And the median was 3.88%.

China Tower's Dividends per Share for the months ended in Jun. 2024 was $0.00.

During the past 12 months, China Tower's average Dividends Per Share Growth Rate was -100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.40% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of China Tower was 113.00% per year. The lowest was 28.40% per year. And the median was 70.70% 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 Dividend Payout Ratio Historical Data

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.

* Premium members only.

China Tower Dividend Payout Ratio Chart

China Tower Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.07

0.36

0.48

0.45

0.55

China Tower Quarterly Data
	Mar17	Jun17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.14	-	-	-	-

Competitive Comparison of China Tower's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

China Tower Dividend Payout Ratio Calculation

China Tower's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.463	/	0.837
	=	0.55

China Tower's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0	/	0
	=	N/A

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

Thank you for viewing the detailed overview of China Tower's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

China Tower Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Tower Corp Ltd (OTCPK:CTOWY) » Definitions » Dividend Payout Ratio

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Address

Yard No. 9, Dongran North Street, China Tower Industrial Park, Haidian District, Room 101, LG1 to 3rd Floor, Building 14, North District, Beijing, CHN

Website

https://www.china-tower.com

China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The business of the company includes tower business; DAS business; Smart Tower business and Energy business. It generates maximum revenue from the tower business. The Tower business includes macro cell and small cell business. Its DAS business provides a DAS system to the Three TSPs for connecting their telecommunication equipment, helping them receive and send indoor mobile telecommunication network signals to enable mobile telecommunication network signals covering buildings, large venues and tunnels.

China Tower Headlines

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