Airtel Africa Plc (AAF) To Go Ex-Dividend on November 7th

Airtel Africa Plc (LON:AAF) declared a dividend on Friday, October 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 7th will be given a dividend of $0.03 per share on Friday, December 13th. This represents a dividend yield of 1.74%. The ex-dividend date is Thursday, November 7th. The official announcement can be seen at this link.

Airtel Africa Trading Down 5.7 %

Shares of AAF stock opened at GBX 108.60 ($1.41) on Friday. The stock’s 50-day moving average price is GBX 115.01 and its 200-day moving average price is GBX 115.29. Airtel Africa has a 12-month low of GBX 90.20 ($1.17) and a 12-month high of GBX 132.50 ($1.72). The stock has a market capitalization of £4.01 billion, a price-to-earnings ratio of -3,620.00, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. The company has a current ratio of 0.52, a quick ratio of 0.26 and a debt-to-equity ratio of 180.85.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upped their price target on shares of Airtel Africa from GBX 150 ($1.95) to GBX 155 ($2.01) and gave the company a “buy” rating in a research note on Monday, September 23rd.

About Airtel Africa

Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers.