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China Communications Services Corporation Limited Annual Report 2015
INVESTOR RELATIONS
DIVIDEND
The Company always attaches importance to our return to shareholders since our listing, and determines its dividend for the year
with reference to factors such as the Company’s current year performance results, financial position, cash flow, long-term
development needs and investment opportunities. In 2015, in view of the Group’s outstanding operating results and free cash
flow for the year and the confidence in future development, the Board has proposed to distribute final dividend of RMB0.1011
per share (equivalent to a payout ratio of 30%), and a special dividend of RMB0.0101. Total dividend for 2015 is RMB0.1112 per
share (equivalent to a payout ratio of 33%).
Dividend distribution of the Company since its listing is set out in the below table.
2
The 2007 dividend payout ratio has been calculated after deducting the net profit contributed by the business in 13 provinces before 31 August 2007 (being the
completion date of the acquisitions) when such business was acquired by the Company.
3
Subject to the approval at the 2015 annual general meeting to be held on 24 June 2016.
