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《大行報告》摩通:中電信(00728.HK)股息收益率達10厘吸引 評級「增持」
阿思達克 08-17 10:58
摩通發表研究報告指出,中電信(00728.HK)第二季的產業數字化(ID)收入按年增長13%,雖然相對於去年的19%及今年首季的23%有所放緩,但仍是公司的主要增長動力,至於傳統的移動及固網服務收入表現維持穩定。儘管加大對產業數字化的投資,公司預期資本支出對銷售的比率將於2025年跌至低於20%,而該行預期中電信下半年的經常性溢利將呈低雙位數增長。 此外,該行指中電信首派中期息,並維持其對2023年派息率將由2021年的60%提升到至少70%的承諾。該行看好中電信強勁的雙位數收入增長及盈利增長的前景,並指其2023年股息收益率達10厘具吸引力,以及公司為內地電信營運商中對高增長的新數碼業務敞口最大。維持對其「增持」評級,目標價3.5元。
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