Telefônica Brasil S.A. Declares -- Dividend of $0.04 (NYSE:VIV)

Telefônica Brasil S.A. (NYSE:VIV - Get Free Report) announced a -- dividend on Thursday, April 25th, Wall Street Journal reports. Investors of record on Friday, January 1st will be paid a dividend of 0.0373 per share by the Wireless communications provider on Tuesday, April 30th. This represents a dividend yield of 4.7%. The ex-dividend date is Tuesday, April 30th.

Telefônica Brasil Stock Down 1.2 %

Shares of Telefônica Brasil stock traded down $0.12 during trading on Thursday, reaching $9.31. The stock had a trading volume of 789,585 shares, compared to its average volume of 839,816. The company has a market capitalization of $15.48 billion, a price-to-earnings ratio of 15.01, a P/E/G ratio of 0.73 and a beta of 0.75. The stock has a fifty day moving average price of $10.22 and a two-hundred day moving average price of $10.23. Telefônica Brasil has a 52 week low of $7.87 and a 52 week high of $11.43. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.20.

Telefônica Brasil (NYSE:VIV - Get Free Report) last released its earnings results on Tuesday, February 20th. The Wireless communications provider reported $0.20 earnings per share (EPS) for the quarter. Telefônica Brasil had a return on equity of 7.33% and a net margin of 9.70%. The business had revenue of $2.73 billion for the quarter. Sell-side analysts predict that Telefônica Brasil will post 0.7 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on VIV. Barclays decreased their target price on Telefônica Brasil from $13.50 to $13.00 and set an "equal weight" rating on the stock in a research report on Tuesday. Morgan Stanley restated an "equal weight" rating and set a $11.00 target price on shares of Telefônica Brasil in a research note on Friday, January 5th. Finally, StockNews.com upgraded Telefônica Brasil from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, February 20th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Telefônica Brasil presently has an average rating of "Moderate Buy" and a consensus target price of $11.60.

Telefônica Brasil Company Profile

Telefônica Brasil SA, together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services.