Revenues and EBITDA were in line with expectations in 2019. Swisscom will propose payment of an unchanged dividend of CHF 22 per share for 2020. Note that it will be nine years now (since 2011) that Swisscom offers the same annual dividend. And it should be maintained at this level for 2020 as capex and EBITDA are expected to be stable or to decrease by 1% yoy. The group seems at its price and we are at reduce on the stock.
06 Feb 2020
A desperately flat dividend for 2019 (and probably 2020)
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 desperately flat dividend for 2019 (and probably 2020)
Swisscom AG (0QKI:LON) | 0 0 0.7% | Mkt Cap: 26,585m
- Published:
06 Feb 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
Revenues and EBITDA were in line with expectations in 2019. Swisscom will propose payment of an unchanged dividend of CHF 22 per share for 2020. Note that it will be nine years now (since 2011) that Swisscom offers the same annual dividend. And it should be maintained at this level for 2020 as capex and EBITDA are expected to be stable or to decrease by 1% yoy. The group seems at its price and we are at reduce on the stock.