The COVID-19 pandemic will have had little impact on the H1 results and Swisscom will maintain its dividend at the current level for the next year. However, the event of August remains the takeover of Sunrise by Liberty Global which owns the cable operator UPC Switzerland. These developments have led us to remain cautious on the stock which seems at its price (we have a 6% potential upside).
26 Aug 2020
A timeless and eternal dividend while Liberty merges UPC with Sunrise
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A timeless and eternal dividend while Liberty merges UPC with Sunrise
Swisscom AG (0QKI:LON) | 0 0 0.7% | Mkt Cap: 26,585m
- Published:
26 Aug 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
The COVID-19 pandemic will have had little impact on the H1 results and Swisscom will maintain its dividend at the current level for the next year. However, the event of August remains the takeover of Sunrise by Liberty Global which owns the cable operator UPC Switzerland. These developments have led us to remain cautious on the stock which seems at its price (we have a 6% potential upside).