Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) to Issue $0.05 Dividend

Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) declared a dividend on Friday, January 1st. Stockholders of record on Monday, November 24th will be paid a dividend of 0.0452 per share by the utilities provider on Wednesday, December 3rd. The ex-dividend date is Monday, November 24th.

Telecom Argentina Stet – France Telecom has decreased its dividend payment by an average of 1.0%per year over the last three years. Telecom Argentina Stet – France Telecom has a dividend payout ratio of 193.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Telecom Argentina Stet – France Telecom to earn ($1.36) per share next year, which means the company may not be able to cover its $0.29 annual dividend with an expected future payout ratio of -21.3%.

Telecom Argentina Stet – France Telecom Stock Performance

Shares of Telecom Argentina Stet – France Telecom stock opened at $11.90 on Friday. Telecom Argentina Stet – France Telecom has a 52 week low of $6.43 and a 52 week high of $15.53. The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 0.48. The business has a 50 day moving average price of $9.30 and a 200-day moving average price of $9.35. The company has a market cap of $5.12 billion, a PE ratio of -396.37 and a beta of 1.35.

Telecom Argentina Stet – France Telecom (NYSE:TEO) last announced its earnings results on Monday, November 10th. The utilities provider reported ($0.36) EPS for the quarter, beating the consensus estimate of ($0.49) by $0.13. Telecom Argentina Stet – France Telecom had a negative net margin of 0.28% and a negative return on equity of 0.26%. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. Equities analysts anticipate that Telecom Argentina Stet – France Telecom will post 1.28 earnings per share for the current fiscal year.

Telecom Argentina Stet – France Telecom Company Profile

Telecom Argentina SA, together with its subsidiaries, provides telecommunications services. The company offers mobile telecommunications services, including voice communications, high-speed mobile Internet content and applications download, online streaming, and other services; and sells mobile communication devices, such as handsets, Modems MiFi and wingles, and smart watches.