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At current prices, Telefonica has an attractive YPD: 5.33%

TOPICS:
TelefónicaTelefónica considers revising strategic plan

Posted By: The Corner 12th June 2019 

Telefonica's dividend payment of 0.40 eur per share in cash will be divided into two payments of 0.20 euros / share.

Payment dates will be June 20, 2019 (June 18, ex-dividend date) and December 19, 2019 (December 17, ex-dividend date). Analysts at Renta 4 point out that at current prices, Telefónica’s dividend yield is 5.33%, a very attractive level.

“We expect Telefónica to maintain the current dividend policy for the coming years. News expected and without impact on quotation. Target price 9.2 euros. Overweight”, they commented.

 

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.