Telenor ASA (TELNY) To Go Ex-Dividend on October 17th

Telenor ASA (OTCMKTS:TELNY) declared a dividend on Wednesday, September 18th, NASDAQ reports. Stockholders of record on Friday, October 18th will be paid a dividend of 0.4252 per share by the utilities provider on Wednesday, November 6th. The ex-dividend date of this dividend is Thursday, October 17th.

Telenor ASA Stock Down 1.3 %

TELNY stock opened at $12.70 on Friday. The company’s 50 day moving average price is $12.04 and its 200 day moving average price is $11.65. The firm has a market capitalization of $17.38 billion, a price-to-earnings ratio of 24.90 and a beta of 0.57. Telenor ASA has a fifty-two week low of $10.01 and a fifty-two week high of $12.97. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.56 and a current ratio of 0.58.

Telenor ASA (OTCMKTS:TELNY) last announced its quarterly earnings data on Thursday, July 18th. The utilities provider reported $0.18 EPS for the quarter. Telenor ASA had a net margin of 11.36% and a return on equity of 13.55%. The company had revenue of $1.86 billion for the quarter. On average, equities research analysts anticipate that Telenor ASA will post 1.31 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, New Street Research raised Telenor ASA to a “strong-buy” rating in a research report on Monday, July 8th.

About Telenor ASA

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.