T-Mobile US, Inc. (NASDAQ:TMUS) to Issue Quarterly Dividend of $1.17

Key Points

• T-Mobile US declared a quarterly dividend of $1.17 per share, payable December 10 to shareholders of record on November 25. The dividend represents a 14.7% increase from the prior $1.02 payment and an annualized yield of approximately 2.8%.
• The dividend appears well covered, with a current payout ratio of 35.9%; analysts expect a future payout ratio of about 30.5% based on projected earnings.
• T-Mobile’s latest quarterly earnings beat expectations, with EPS of $2.99 versus the $2.59 consensus, while revenue rose 7.9% year over year to $22.79 billion.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) declared a quarterly dividend on Thursday, September 24th. Stockholders of record on Wednesday, November 25th will be given a dividend of $1.17 per share by the Wireless communications provider on Thursday, December 10th. This represents a $4.68 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, November 25th. This is a 14.7% increase from T-Mobile US's previous quarterly dividend of $1.02.

T-Mobile US has a payout ratio of 35.9% meaning its dividend is sufficiently covered by earnings. Analysts expect T-Mobile US to earn $13.36 per share next year, which means the company should continue to be able to cover its $4.08 annual dividend with an expected future payout ratio of 30.5%.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $165.36 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48. The stock has a fifty day simple moving average of $179.14 and a two-hundred day simple moving average of $187.96. T-Mobile US has a 1-year low of $161.14 and a 1-year high of $240.95. The firm has a market cap of $177.38 billion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 1.04 and a beta of 0.34.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.59 by $0.40. The company had revenue of $22.79 billion for the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.84 EPS. Analysts anticipate that T-Mobile US will post 10.82 earnings per share for the current year.

About T-Mobile US

T-Mobile US, Inc NASDAQ: TMUS is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States. Its offerings include postpaid and prepaid wireless plans, connected devices, smartphones, accessories and related communications services.

The company operates its consumer business primarily under the T-Mobile and Metro by T-Mobile brands. It also provides fixed wireless broadband, which uses its wireless network to deliver internet access to homes and businesses, as well as specialized connectivity services for connected devices and other applications.

T-Mobile US operates a nationwide wireless network, including a broad 5G network, and serves customers throughout the United States, including Puerto Rico and the U.S.

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