Telia Company AB (publ) (OTCMKTS:TLSNY) Raises Dividend to $0.10 Per Share

Telia Company AB (publ) (OTCMKTS:TLSNY) declared a dividend on Wednesday, October 2nd, NASDAQ reports. Investors of record on Thursday, October 31st will be given a dividend of 0.099 per share by the technology company on Wednesday, November 20th. The ex-dividend date is Thursday, October 31st. This is a positive change from Telia Company AB (publ)’s previous dividend of $0.10.

Telia Company AB (publ) Stock Up 0.6 %

Shares of OTCMKTS:TLSNY opened at $6.37 on Thursday. The company has a 50 day moving average price of $6.18 and a two-hundred day moving average price of $5.44. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.87 and a current ratio of 0.92. The company has a market capitalization of $12.52 billion, a PE ratio of 318.50 and a beta of 0.46. Telia Company AB has a 52 week low of $3.95 and a 52 week high of $6.71.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings data on Thursday, July 18th. The technology company reported $0.07 EPS for the quarter. The business had revenue of $2.09 billion during the quarter. Telia Company AB (publ) had a net margin of 4.71% and a return on equity of 0.53%. Analysts forecast that Telia Company AB will post 0.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on TLSNY shares. BNP Paribas upgraded Telia Company AB (publ) to a “strong-buy” rating in a report on Monday, September 16th. New Street Research upgraded shares of Telia Company AB (publ) to a “hold” rating in a report on Thursday, September 26th.

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.