T-Mobile Announces 35% Increase In Quarterly Dividend To $0.88 Per Share, Payable December 12, 2024, To Stockholders Of Record On November 27, 2024
Portfolio Pulse from Benzinga Newsdesk
T-Mobile has announced a 35% increase in its quarterly dividend, raising it to $0.88 per share. This dividend will be payable on December 12, 2024, to stockholders of record as of November 27, 2024.
September 18, 2024 | 5:49 pm
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T-Mobile has increased its quarterly dividend by 35% to $0.88 per share, indicating strong financial health and a commitment to returning value to shareholders. The dividend is payable on December 12, 2024, to stockholders of record on November 27, 2024.
The 35% increase in the dividend suggests T-Mobile is performing well financially and is confident in its future cash flows. This is likely to attract income-focused investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100