T-Mobile US, Inc. (TMUS) To Go Ex-Dividend on November 26th

T-Mobile US, Inc. (NASDAQ:TMUS) declared a quarterly dividend on Thursday, September 18th, RTT News reports. Investors of record on Wednesday, November 26th will be paid a dividend of 1.02 per share by the Wireless communications provider on Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, November 26th. This is a 15.9% increase from T-Mobile US’s previous quarterly dividend of $0.88.

T-Mobile US has a payout ratio of 22.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect T-Mobile US to earn $12.29 per share next year, which means the company should continue to be able to cover its $2.60 annual dividend with an expected future payout ratio of 21.2%.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $238.17 on Friday. The stock has a market cap of $268.04 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 1.31 and a beta of 0.61. The firm’s 50-day moving average is $243.89 and its 200 day moving average is $245.78. T-Mobile US has a 1 year low of $197.46 and a 1 year high of $276.49. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. The company had revenue of $21.13 billion for the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. T-Mobile US’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.49 EPS. Sell-side analysts anticipate that T-Mobile US will post 10.37 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the sale, the director owned 647,660,844 shares in the company, valued at approximately $154,195,093,739.52. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 2,611,714 shares of company stock valued at $628,056,504 in the last ninety days. Insiders own 0.37% of the company’s stock.

Institutional Trading of T-Mobile US

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of T-Mobile US by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 42,160,882 shares of the Wireless communications provider’s stock worth $10,045,252,000 after purchasing an additional 215,711 shares during the period. State Street Corp boosted its holdings in T-Mobile US by 4.5% during the 2nd quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock valued at $5,513,650,000 after acquiring an additional 994,740 shares during the period. Wellington Management Group LLP boosted its holdings in T-Mobile US by 1.7% during the 1st quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider’s stock valued at $3,426,407,000 after acquiring an additional 214,224 shares during the period. Canada Pension Plan Investment Board boosted its holdings in T-Mobile US by 14.3% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after acquiring an additional 864,030 shares during the period. Finally, Franklin Resources Inc. raised its position in T-Mobile US by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 6,298,934 shares of the Wireless communications provider’s stock valued at $1,500,784,000 after purchasing an additional 309,922 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.