T-Mobile US, Inc. (TMUS) to Distribute Quarterly Dividend of $1.02 on September 10th

T-Mobile US, Inc. (NASDAQ:TMUS) announced a quarterly dividend on Monday, June 15th. Stockholders of record on Friday, August 28th will be given a dividend of 1.02 per share by the Wireless communications provider on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th.

T-Mobile US has a dividend payout ratio of 35.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect T-Mobile US to earn $13.26 per share next year, which means the company should continue to be able to cover its $4.08 annual dividend with an expected future payout ratio of 30.8%.

T-Mobile US Trading Down 0.6%

Shares of TMUS opened at $181.61 on Wednesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. T-Mobile US has a 1-year low of $165.66 and a 1-year high of $258.66. The stock has a market cap of $194.81 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. The firm has a 50 day simple moving average of $181.24 and a 200-day simple moving average of $193.73.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.T-Mobile US’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.84 EPS. Equities analysts forecast that T-Mobile US will post 10.73 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on TMUS. Morgan Stanley reduced their price objective on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. UBS Group dropped their price objective on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Royal Bank Of Canada cut their target price on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. DZ Bank restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $252.08.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.