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

T-Mobile US, Inc. (NASDAQ:TMUS) declared a quarterly dividend on Thursday, December 4th. Shareholders of record on Friday, February 27th will be given 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 yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th.

T-Mobile US has a payout ratio of 35.9% indicating that its dividend is sufficiently covered by earnings. 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 Stock Down 0.2%

TMUS stock opened at $208.01 on Friday. The firm has a market cap of $232.66 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 1.34 and a beta of 0.44. T-Mobile US has a 1-year low of $199.41 and a 1-year high of $276.49. The firm has a fifty day moving average price of $217.89 and a two-hundred day moving average price of $232.46. 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 (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The company had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. During the same period last year, the firm posted $2.61 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Research analysts predict that T-Mobile US will post 10.37 EPS for the current year.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $240.08, for a total value of $16,767,187.20. Following the completion of the transaction, the director directly owned 635,014,604 shares of the company’s stock, valued at $152,454,306,128.32. This represents a 0.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 1,439,821 shares of company stock worth $334,026,480 in the last three months. Insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TMUS. Activest Wealth Management raised its stake in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 94 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in T-Mobile US during the 2nd quarter valued at about $25,000. United Community Bank raised its position in shares of T-Mobile US by 131.1% during the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 59 shares in the last quarter. Missouri Trust & Investment Co lifted its stake in shares of T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the period. Finally, Elevation Wealth Partners LLC lifted its stake in shares of T-Mobile US by 190.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 76 shares during the period. 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.