Deutsche Telekom AG (OTCMKTS:DTEGY) Declares Dividend Increase – $0.97 Per Share

Deutsche Telekom AG (OTCMKTS:DTEGY) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Friday, April 11th will be paid a dividend of 0.9731 per share by the utilities provider on Monday, April 21st. The ex-dividend date of this dividend is Friday, April 11th. This is a 20.8% increase from Deutsche Telekom’s previous dividend of $0.81.

Deutsche Telekom Trading Down 0.1 %

Shares of OTCMKTS:DTEGY traded down $0.03 during midday trading on Wednesday, reaching $36.05. 482,730 shares of the company’s stock were exchanged, compared to its average volume of 1,167,583. The stock has a market cap of $179.76 billion, a price-to-earnings ratio of 14.77, a P/E/G ratio of 1.35 and a beta of 0.77. Deutsche Telekom has a fifty-two week low of $22.03 and a fifty-two week high of $37.74. The firm’s 50 day simple moving average is $34.83 and its two-hundred day simple moving average is $31.86. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share for the quarter. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. The business had revenue of $33 billion during the quarter. As a group, sell-side analysts forecast that Deutsche Telekom will post 1.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Hsbc Global Res downgraded Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. One analyst has rated the stock with a hold rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.