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

T-Mobile US, Inc. (NASDAQ:TMUS) declared a quarterly dividend on Thursday, December 4th. Shareholders of record on Friday, February 27th will be paid a dividend of 1.02 per share by the Wireless communications provider on Thursday, March 12th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, February 27th.

T-Mobile US has a payout ratio of 35.9% indicating that 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 Price Performance

Shares of NASDAQ TMUS opened at $208.01 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. T-Mobile US has a 1-year low of $199.41 and a 1-year high of $276.49. The company has a market capitalization of $232.66 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 1.34 and a beta of 0.44. The business has a 50-day moving average of $217.89 and a 200-day moving average of $232.46.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.T-Mobile US’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.61 EPS. On average, equities analysts anticipate that T-Mobile US will post 10.37 EPS for the current fiscal year.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $240.08, for a total transaction of $16,767,187.20. Following the completion of the sale, the director owned 635,014,604 shares in the company, valued at $152,454,306,128.32. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 1,439,821 shares of company stock worth $334,026,480 in the last quarter. Company insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On T-Mobile US

Institutional investors have recently modified their holdings of the business. IFP Advisors Inc lifted its holdings in T-Mobile US by 1.9% in the third quarter. IFP Advisors Inc now owns 15,591 shares of the Wireless communications provider’s stock worth $3,826,000 after acquiring an additional 296 shares during the last quarter. Tevis Investment Management lifted its holdings in shares of T-Mobile US by 3.0% in the 3rd quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock worth $404,000 after purchasing an additional 49 shares during the last quarter. Polar Asset Management Partners Inc. lifted its holdings in shares of T-Mobile US by 84.3% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 102,261 shares of the Wireless communications provider’s stock worth $24,479,000 after purchasing an additional 46,761 shares during the last quarter. Cantor Fitzgerald L. P. boosted its position in T-Mobile US by 475.0% during the 3rd quarter. Cantor Fitzgerald L. P. now owns 17,347 shares of the Wireless communications provider’s stock valued at $4,153,000 after purchasing an additional 14,330 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in T-Mobile US during the 3rd quarter worth $42,884,000. Institutional investors own 42.49% of the company’s stock.

About T-Mobile US

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.