Telekom Austria released yesterday evening its Q3 results which were, like in Q2, solid and clearly better than consensus. The stock is stable this morning. We maintain, however, our Buy opinion on the stock. As a reminder, the group distributes currently a dividend of €0.25, corresponding to a 3.3% yield. The group could offer more but the two main shareholders do not seem, indeed, too demanding in terms of dividends, so that the minorities are left expecting on that front.
20 Oct 2021
Hope that this strong 2021 year should lead to a dividend increase
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Hope that this strong 2021 year should lead to a dividend increase
- Published:
20 Oct 2021 -
Author:
Jean-Michel Salvador -
Pages:
3
Telekom Austria released yesterday evening its Q3 results which were, like in Q2, solid and clearly better than consensus. The stock is stable this morning. We maintain, however, our Buy opinion on the stock. As a reminder, the group distributes currently a dividend of €0.25, corresponding to a 3.3% yield. The group could offer more but the two main shareholders do not seem, indeed, too demanding in terms of dividends, so that the minorities are left expecting on that front.