Telenor ASA (OTCMKTS:TELNF – Get Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.71 and traded as high as $15.46. Telenor ASA shares last traded at $15.46, with a volume of 112 shares changing hands.
Telenor ASA Price Performance
The business’s 50 day moving average price is $14.71 and its 200-day moving average price is $13.08.
Telenor ASA Dividend Announcement
The business also recently announced a dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Friday, May 23rd were paid a $5.00 dividend. The ex-dividend date was Thursday, May 22nd. This represents a dividend yield of 6.07%. Telenor ASA’s dividend payout ratio (DPR) is presently 159.45%.
About Telenor ASA
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.
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