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

Telia Company AB (publ) (OTCMKTS:TLSNY) announced a dividend on Wednesday, October 2nd, NASDAQ reports. Shareholders 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 an increase from Telia Company AB (publ)’s previous dividend of $0.10.

Telia Company AB (publ) Stock Performance

Shares of TLSNY opened at $6.00 on Wednesday. The stock has a 50-day moving average price of $6.27 and a 200-day moving average price of $5.59. The company has a market cap of $11.80 billion, a PE ratio of 27.27 and a beta of 0.46. The company has a current ratio of 0.83, a quick ratio of 0.78 and a debt-to-equity ratio of 1.69. Telia Company AB has a 12-month low of $4.11 and a 12-month high of $6.71.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings data on Thursday, October 24th. The technology company reported $0.11 earnings per share for the quarter. Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%. The firm had revenue of $2.09 billion for the quarter. As a group, equities analysts forecast that Telia Company AB will post 0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

About Telia Company AB (publ)

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.