Telefonica Brasil S.A. (NYSE:VIV – Get Free Report) announced a dividend on Friday, January 1st. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.4562 per share by the Wireless communications provider on Tuesday, July 21st. The ex-dividend date is Friday, May 22nd.
Telefonica Brasil has decreased its dividend payment by an average of 0.2%annually over the last three years. Telefonica Brasil has a payout ratio of 54.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Telefonica Brasil to earn $1.03 per share next year, which means the company should continue to be able to cover its $0.45 annual dividend with an expected future payout ratio of 43.7%.
Telefonica Brasil Stock Performance
Shares of VIV stock opened at $13.69 on Wednesday. The company has a market cap of $22.26 billion, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 0.82 and a beta of 0.63. Telefonica Brasil has a 52 week low of $9.51 and a 52 week high of $17.25. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $15.71 and a 200-day moving average of $14.24.
Telefonica Brasil Company Profile
Telefônica Brasil SA, commonly marketed under the Vivo brand, is one of Brazil’s largest telecommunications providers, offering a broad range of consumer and enterprise communications services. The company’s core activities include mobile voice and data services, fixed-line telephony, broadband internet (including fiber-to-the-home), and pay-TV solutions. It also provides ICT and managed services for business customers, such as cloud, data center, connectivity, Internet of Things (IoT) and security solutions.
Vivo operates a nationwide network across Brazil and serves both individual consumers and corporate clients.
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