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FIVG - How China Mobile Sustains A 5% Dividend Yield In 5 Charts
Defiance Next Gen Connectivity
We first bought shares of China Mobile Limited (CHL) several years ago, when its dividend yield was above 5%, and are now looking to add more now that the dividend yield is back around 5%. I have also been a China Mobile customer for many years, and have seen firsthand how the ubiquitous 4G coverage has served me across Greater China, from Tainan to Tashgurkan, from Lhasa to Liaoning, from Hong Kong to Hohhot.
This month also happens to be the time where I can decide to renew my 2-year mobile phone contract,