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《大行報告》大摩料中移動(00941.HK)未來三年派息比率升至70%以上 調高股息預測
阿思達克 03-28 13:55
摩根士丹利發表報告表示,在中移動(00941.HK)公布去年第四季業績後,該行對公司收入、EBITDA及毛利預測大致維持不變,該行對中移動的「基本情境」目標價維持70元(相當於預測2022年經調整企業價值對EBITDA的2.4倍)及「買入」投資評級,該行料中移動「基本情境」下今明兩年移動數據ARPU增長2%,料2022年5G資本支出位集團移動服務收入16%。 該行表示,調整對中移動「牛市」情景預測目標價由91元降至90元。該行料中移動「牛市」情境下今明兩年移動數據ARPU增長2.5%,料2022年5G資本支出位集團移動服務收入14%。 大摩表示中移動2021年派息比率率,從2020年的54%增加到60%,是一個重大驚喜,集團指引在未來三年內派息比率進一步增加至70%以上。該行將中移動2022年至2024每股派息預測各上調18%、24%及29%。
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