Deutsche Telekom AG (OTCMKTS:DTEGY) Increases Dividend to $0.97 Per Share

Deutsche Telekom AG (OTCMKTS:DTEGY) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors 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 is Friday, April 11th. This is a 20.8% increase from Deutsche Telekom’s previous dividend of $0.81.

Deutsche Telekom Price Performance

DTEGY stock traded down $0.03 during mid-day 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’s 50 day moving average is $34.83 and its 200 day moving average is $31.86. The company has a market cap of $179.76 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 1.35 and a beta of 0.77. 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 12-month low of $22.03 and a 12-month high of $37.74.

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. The business 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%. On average, research analysts expect that Deutsche Telekom will post 1.86 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on DTEGY. Hsbc Global Res cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. UBS Group upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. One analyst has rated the stock with a hold rating and four have issued a strong buy rating to the stock. According to MarketBeat.com, the stock 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.