On March 23, China Mobile disclosed its 2021 financial report. So far, the operation of the three operators in 2021 has been fully disclosed. It is worth mentioning that the three major operators have disclosed dividend information in their financial reports.
China Mobile announced that the board of directors of the company suggested that the proportion of cash dividends to shareholders’ profits in 2021 should be 60%. In 2021, China Mobile paid a total of 70.11 billion yuan in dividends. China Mobile also said that within three years from 2021, the profits distributed in cash will gradually increase to more than 70% of the profits that the company’s shareholders should account for in that year, and strive to create greater value for shareholders.
On March 17, China Telecom Corporation Limited(601728) disclosure announcement showed that China Telecom Corporation Limited(601728) board of directors decided to recommend to the general meeting of shareholders that the profit distributed in cash in 2021 should be 60% of the profit of the company’s shareholders in the current year, totaling 15.569 billion yuan, or 170 yuan per share.
“The company will declare interim dividends from 2022, and gradually increase the annual profit distributed in cash to more than 70% of the profit attributable to the shareholders of the company in the current year within three years after the issuance and listing of a shares” China Telecom Corporation Limited(601728) also said.
The disclosure data of China United Network Communications Limited(600050) a shares, the first to disclose the financial report, shows that the board of Directors proposes to pay an annual final dividend of 0.0391 yuan per share (including tax), together with the paid interim dividend of 0.0488 yuan per share (including tax), with a total annual dividend of 0.0879 yuan per share (including tax), a year-on-year increase of 31.4%; In addition, according to the data disclosed by China United Network Communications Limited(600050) Hong Kong stocks, in 2021, China United Network Communications Limited(600050) paid 6.609 billion yuan in dividends.
“The dividend of operators has been very stable, and the increase of dividend rate will have an obvious impact on the stock price, especially when the dividend shares with low value and high dividend value prevail.”. Huang Han, CO chief analyst of Guosheng securities communications, told the Securities Daily that from the overall situation of the three operators, the dividend return is considerable. This high dividend will bring sufficient safety margin at the valuation level, and the investment value will increase accordingly.
