2021 Interim Results
Accelerated Increase in Shareholder Returns
Dividend per Share
(RMB)
40%
40%
40%
0.134
10%
0.148
11%
2018
2019
0.164
2020
0.120
High regard for shareholder returns
With due regard to the Company's robust business development
& strong free cash flow, the Board decided to distribute an
inaugural interim dividend of RMB 0.120 per share in 2021
Will raise 2021 full-year dividend payout ratio, with the
magnitude to be decided by the Board in March next year taking
into account such factors as the Company's profitability, cash
flow, future capital requirements & dividend payout in the
industry, etc.
2021E
I Interim dividend per share (RMB)
-Full-year dividend payout ratio
2021: DPS growth > EPS growth
a
China
unicom中国联通
2021 Interim Results 8View entire presentation