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

T-Mobile US, Inc. (NASDAQ:TMUS) declared a quarterly dividend on Monday, June 15th. Investors of record on Friday, August 28th will be given a dividend of 1.02 per share by the Wireless communications provider on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th.

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 $13.15 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 31.0%.

T-Mobile US Trading Down 0.1%

NASDAQ TMUS opened at $188.86 on Tuesday. The company has a market capitalization of $204.38 billion, a PE ratio of 20.09, a P/E/G ratio of 1.10 and a beta of 0.31. The company has a fifty day moving average of $190.75 and a 200 day moving average of $199.51. T-Mobile US has a 1 year low of $174.02 and a 1 year high of $261.56. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The company had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.58 earnings per share. Research analysts forecast that T-Mobile US will post 10.65 earnings per share for the current year.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.