Telia Company AB (publ) (OTCMKTS:TLSNY) Plans Dividend Increase – $0.10 Per Share

Telia Company AB (publ) (OTCMKTS:TLSNY) declared a dividend on Wednesday, March 19th, NASDAQ Dividends reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.0996 per share by the technology company on Thursday, May 1st. The ex-dividend date is Friday, April 11th. This is a 11.6% increase from Telia Company AB (publ)’s previous dividend of $0.09.

Telia Company AB (publ) Stock Performance

OTCMKTS TLSNY traded down $0.12 on Wednesday, hitting $7.01. 5,947 shares of the company’s stock were exchanged, compared to its average volume of 37,093. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.81 and a quick ratio of 0.77. The firm’s 50-day moving average price is $6.18 and its two-hundred day moving average price is $6.02. Telia Company AB has a fifty-two week low of $4.53 and a fifty-two week high of $7.15. The firm has a market cap of $13.77 billion, a price-to-earnings ratio of 20.60, a P/E/G ratio of 3.14 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its earnings results on Thursday, January 30th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.07). Telia Company AB (publ) had a return on equity of 6.59% and a net margin of 7.95%. On average, research analysts expect that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Company Profile

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.