Blue Chip HKG:0762 China Unicom Interim Results 2021

Blue Chip HKG:0762 China Unicom Interim Results 2021

CHINA UNICOM (00762.HK) announced the interim results for the first half ending 30 June 2021. Net profit was RMB9.167 billion, up 21.1% year-on-year;
EPS: RMB 0.30

“The Board resolved to distribute an inaugural interim dividend (RMB0.12 per share) in 2021 and planned to raise 2021 full year dividend payout ratio, with the magnitude to be decided in the first half of 2022 considering such factors as the Company’s profitability, cash flow, future capital requirements and dividend payout in the industry, etc.”

More on this notice here

If final dividend of the year ending on December 31, 2021, is higher than RMB 0.044 China Unicom enters The Directory of Dividend Growth companies, by keeping dividend raises steady for 5 years.

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