Telefonica SA to Issue Dividend of $0.17 (NYSE:TEF)

Telefonica SA (NYSE:TEF) declared a dividend on Thursday, November 20th. Stockholders of record on Wednesday, December 17th will be given a dividend of 0.1731 per share by the utilities provider on Friday, January 9th. This represents a dividend yield of 827.0%. The ex-dividend date of this dividend is Wednesday, December 17th.

Telefonica has decreased its dividend payment by an average of 0.1%annually over the last three years. Telefonica has a dividend payout ratio of 53.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Telefonica to earn $0.31 per share next year, which means the company should continue to be able to cover its $0.25 annual dividend with an expected future payout ratio of 80.6%.

Telefonica Trading Up 2.6%

NYSE TEF traded up $0.11 on Friday, reaching $4.19. The company had a trading volume of 608,076 shares, compared to its average volume of 707,270. The firm has a market cap of $23.73 billion, a price-to-earnings ratio of -8.72, a P/E/G ratio of 0.59 and a beta of 0.48. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.85 and a quick ratio of 0.81. Telefonica has a fifty-two week low of $3.89 and a fifty-two week high of $5.72. The business has a 50 day moving average of $4.89 and a two-hundred day moving average of $5.13.

Telefonica (NYSE:TEF) last released its quarterly earnings results on Tuesday, November 4th. The utilities provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. Telefonica had a positive return on equity of 8.57% and a negative net margin of 5.88%.The firm had revenue of $10.32 billion for the quarter, compared to analyst estimates of $9 billion. Analysts forecast that Telefonica will post 0.3 EPS for the current year.

Telefonica Company Profile

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.