Deutsche Telekom AG (OTCMKTS:DTEGY) Announces Dividend of $0.97

Deutsche Telekom AG (OTCMKTS:DTEGY) announced 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 DTEGY opened at $36.05 on Thursday. 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 has a 1-year low of $22.03 and a 1-year high of $37.74. The company has a market capitalization of $179.76 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.35 and a beta of 0.77. The firm’s 50 day simple moving average is $34.93 and its 200 day simple moving average is $31.88.

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DTEGY. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Hsbc Global Res downgraded Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. One research analyst has rated the stock with a hold rating and four have issued a strong buy rating to the stock. According to MarketBeat, the stock presently 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.