STOCK TITAN

T-Mobile Declares Quarterly Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
T-Mobile US, Inc. (TMUS) has declared a cash dividend of $0.65 per share on its common stock, payable on March 14, 2024, to stockholders of record as of March 1, 2024.
Positive
  • The declaration of a cash dividend indicates the company's financial stability and commitment to returning value to shareholders.
Negative
  • None.

The declaration of a cash dividend of $0.65 per share by T-Mobile is a significant indicator of the company's current financial health and its commitment to return value to shareholders. Dividends are often seen as a sign of a company's stable cash flow and profitability, which can be reassuring for investors, especially during volatile market conditions. It's important to note that the ability to pay dividends consistently may reflect positively on T-Mobile's operational efficiency and strategic financial management.

However, the impact of this dividend payment on the company's stock price and overall market valuation needs to be assessed. While dividends can provide immediate returns to shareholders, they also imply that the company is choosing to distribute profits rather than reinvest them back into the business for growth. Investors should consider T-Mobile's long-term growth strategies and whether the dividend payout aligns with their investment goals.

From a market research perspective, T-Mobile's dividend declaration can be seen as a strategic move to maintain investor interest and a competitive edge in the telecommunications sector. Dividends can be a factor in an investor's decision-making process and a consistent dividend policy can attract a certain class of income-focused investors.

It's crucial to analyze how this dividend announcement compares to industry standards and competitors. If T-Mobile's dividend yield (annual dividends per share divided by the share price) is higher than its peers, it could indicate a more attractive investment opportunity to yield-seeking shareholders. Conversely, if the yield is lower, it may suggest that T-Mobile is focusing more on growth or other strategic investments. The timing of the announcement and payment can also play a role in investor sentiment and stock performance.

BELLEVUE, Wash.--(BUSINESS WIRE)-- T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile” or “the Company”) announced today that the Company’s Board of Directors (the “Board”) has declared a cash dividend of $0.65 per share on its issued and outstanding shares of common stock. The dividend is payable on March 14, 2024 to stockholders of record as of the close of business on March 1, 2024.

About T-Mobile US, Inc.

T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile and Metro by T-Mobile. For more information please visit: http://www.t-mobile.com.

Media Contact

T-Mobile US, Inc. Media Relations

MediaRelations@t-mobile.com

Investor Relations Contact

T-Mobile US, Inc.

investor.relations@t-mobile.com

Source: T-Mobile US, Inc.

FAQ

What is the dividend amount declared by T-Mobile US, Inc. (TMUS)?

T-Mobile US, Inc. (TMUS) has declared a cash dividend of $0.65 per share on its issued and outstanding shares of common stock.

When is the dividend payable to stockholders of T-Mobile US, Inc. (TMUS)?

The dividend declared by T-Mobile US, Inc. (TMUS) is payable on March 14, 2024.

Who is eligible to receive the dividend declared by T-Mobile US, Inc. (TMUS)?

Stockholders of record as of the close of business on March 1, 2024, are eligible to receive the dividend declared by T-Mobile US, Inc. (TMUS).

T-Mobile US, Inc.

NASDAQ:TMUS

TMUS Rankings

TMUS Latest News

TMUS Stock Data

190.06B
523.74M
58.58%
39.87%
2.03%
Wireless Telecommunications Carriers (except Satellite)
Information
Link
United States of America
BELLEVUE

About TMUS

T-Mobile US, Inc. is an American wireless network operator headquartered in Overland Park, Kansas and Bellevue, Washington, U.S. Its largest shareholder is multinational telecommunications company Deutsche Telekom AG, which as of April 2023, holds a 53.3% majority stake in the company.