Telefonica S.A. (NYSE:TEF) declared a semiannual dividend on Wednesday, November 29th, Wall Street Journal reports. Shareholders of record on Wednesday, December 13th will be paid a dividend of 0.2383 per share by the utilities provider on Wednesday, December 27th. This represents a yield of 4.67%. The ex-dividend date of this dividend is Tuesday, December 12th.
Telefonica has decreased its dividend by an average of 1.7% annually over the last three years. Telefonica has a payout ratio of 55.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Telefonica to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 53.3%.
Telefonica (NYSE:TEF) traded down $0.06 during trading on Friday, hitting $9.68. The company’s stock had a trading volume of 1,208,244 shares, compared to its average volume of 1,488,133. Telefonica has a twelve month low of $9.15 and a twelve month high of $11.64. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 1.79. The company has a market cap of $49,068.21, a price-to-earnings ratio of 19.36 and a beta of 1.29.
Telefonica Company Profile
Telefonica, SA is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company’s services and products include Mobile business, Fixed-line telephony business and Digital services. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica (formed by the Company’s operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela and Central America, Ecuador and Uruguay).
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