T-Mobile US, Inc. (NASDAQ:TMUS) Plans $1.02 Quarterly Dividend

T-Mobile US, Inc. (NASDAQ:TMUS) announced a quarterly dividend on Thursday, March 19th. Stockholders of record on Friday, May 29th will be paid a dividend of 1.02 per share by the Wireless communications provider on Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th.

T-Mobile US has a payout ratio of 35.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect T-Mobile US to earn $12.29 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 33.2%.

T-Mobile US Stock Down 0.0%

Shares of NASDAQ TMUS opened at $206.59 on Friday. The company has a market capitalization of $227.63 billion, a P/E ratio of 21.28, a P/E/G ratio of 1.35 and a beta of 0.43. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. The company has a 50 day simple moving average of $205.09 and a 200-day simple moving average of $213.62. T-Mobile US has a 1 year low of $181.36 and a 1 year high of $272.60.

About T-Mobile US

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.