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

Deutsche Telekom AG (OTCMKTS:DTEGY) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Friday, April 11th will be given 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 Stock Down 0.1 %

OTCMKTS DTEGY traded down $0.03 during trading on Wednesday, reaching $36.05. The company’s stock had a trading volume of 482,730 shares, compared to its average volume of 1,167,583. The company has a current ratio of 1.15, a quick ratio of 1.08 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $179.76 billion, a PE ratio of 14.77, a PEG ratio of 1.35 and a beta of 0.77. Deutsche Telekom has a 1-year low of $22.03 and a 1-year high of $37.74. The business has a 50-day moving average price of $34.83 and a 200-day moving average price of $31.86.

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

Analysts Set New Price Targets

Several brokerages have recently commented on DTEGY. Hsbc Global Res cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. One equities research analyst has rated the stock with a hold rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average 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.