A very solid Q1 for Deutsche Telekom whose stock price does not deserve to still be 15% down compared to end February. We remain at Buy on the stock with a 30% upside. The only weak point is that Deutsche Telekom lowered six months ago its dividend for the coming years to €0.6 to invest record amounts in fibre and 5G. The dividend yield is now 4.45% (like Swisscom) and offers less upside.
14 May 2020
Does not deserve to still be 15% down compared to February
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Does not deserve to still be 15% down compared to February
Deutsche Telekom AG (DTE:WBO) | 0 0 0.8% | Mkt Cap: 62,447m
- Published:
14 May 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
A very solid Q1 for Deutsche Telekom whose stock price does not deserve to still be 15% down compared to end February. We remain at Buy on the stock with a 30% upside. The only weak point is that Deutsche Telekom lowered six months ago its dividend for the coming years to €0.6 to invest record amounts in fibre and 5G. The dividend yield is now 4.45% (like Swisscom) and offers less upside.