Headlines about China Telecommunications (NYSE:CHA) have been trending positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. China Telecommunications earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 47.5789348044636 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
CHA traded down $0.12 during trading on Monday, hitting $45.60. The stock had a trading volume of 66,236 shares, compared to its average volume of 89,688. The company has a market cap of $37,002.11, a price-to-earnings ratio of 13.61, a price-to-earnings-growth ratio of 1.40 and a beta of 0.75. China Telecommunications has a twelve month low of $41.28 and a twelve month high of $53.78. The company has a quick ratio of 0.24, a current ratio of 0.26 and a debt-to-equity ratio of 0.15.
The company also recently announced an annual dividend, which will be paid on Monday, August 6th. Shareholders of record on Thursday, May 31st will be paid a $1.4651 dividend. This represents a yield of 3.29%. This is an increase from China Telecommunications’s previous annual dividend of $1.35. The ex-dividend date is Wednesday, May 30th. China Telecommunications’s dividend payout ratio (DPR) is 36.12%.
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About China Telecommunications
China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services primarily in the People's Republic of China. It offers wireline voice services, including local wireline telephone services and long distance wireline services; CDMA mobile voice services, such as local calls, domestic and international long distance calls, intra-provincial roaming, and inter-provincial roaming and international roaming; wireline Internet access services comprising dial-up and broadband services; wireless Internet access services; and wireline, Internet, and mobile value-added services.
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