Elisa released a fairly solid Q1 with slightly better than expected numbers. The stock was however down by 3% this morning.
As with its peers offering a best-in-class dividend yield, the stock is currently fairly valued after a recent c.12% run-up in less than a month. Given the upward pressure on European interest rates due to inflation fears we would recommend caution. Some telcos now look toppy with dividend yields lower than those prevailing prior to the Covid crisis.
22 Apr 2022
A too low dividend yield with current inflation pressurising interest rates?
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
A too low dividend yield with current inflation pressurising interest rates?
Elisa Oyj Class A (ELISA:HEL) | 0 0 0.0%
- Published:
22 Apr 2022 -
Author:
Jean-Michel Salvador -
Pages:
2
Elisa released a fairly solid Q1 with slightly better than expected numbers. The stock was however down by 3% this morning.
As with its peers offering a best-in-class dividend yield, the stock is currently fairly valued after a recent c.12% run-up in less than a month. Given the upward pressure on European interest rates due to inflation fears we would recommend caution. Some telcos now look toppy with dividend yields lower than those prevailing prior to the Covid crisis.