Tele2 AB (publ), a telecom operator, provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, and security services. It also provides data network services, including dark fiber, dedicated wavelength, ethernet and IP VPN, and internet services; and unified communications comprising service provider, mobile virtual network operator, and carrier SIP-interconnect services. In addition, the company offers single and dual IMSI solutions for consumer and IoT applications; on-demand roaming services, such as subscription management, data plan management, real time charging, eSIM delivery, SIM management, and set up services; routing and termination solutions for international voice traffic; application-2-person messaging services; and value-added services comprising shortcodes and long numbers for businesses to have 2-way communication with their customers. Tele2 AB (publ) was founded in 1993 and is based in Stockholm, Sweden.
Tele2 Dividend Announcement
• Tele2 announced a semi annually dividend of $0.17 per ordinary share which will be made payable on 2024-11-04. Ex dividend date: 2024-10-15
• Tele2 annual dividend for 2024 was $0.33
• Tele2 annual dividend for 2023 was $0.32
• Tele2's trailing twelve-month (TTM) dividend yield is 6.68%
• Tele2's payout ratio for the trailing twelve months (TTM) is 123.60%
• Tele2's dividend growth over the last five years (2018-2023) was 14.73% year
Tele2 Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-15 | $0.17 | semi annually | 2024-11-04 |
2024-05-16 | $0.16 | semi annually | 2024-06-06 |
2023-10-06 | $0.15 | semi annually | 2023-10-30 |
2023-05-16 | $0.17 | semi annually | 2023-06-07 |
2022-10-07 | $0.16 | semi annually | 2022-10-31 |
2022-04-29 | $0.87 | semi annually | 2022-05-20 |
2021-10-13 | $0.17 | semi annually | 2021-10-29 |
2021-06-29 | $0.18 | semi annually | 2021-07-20 |
2021-04-23 | $0.18 | semi annually | 2021-05-14 |
2020-10-01 | $0.25 | semi annually | 2020-10-22 |
2020-05-12 | $0.09 | semi annually | 2020-06-02 |
2019-10-01 | $0.08 | semi annually | 2019-10-22 |
2019-08-23 | $0.31 | semi annually | 2019-09-13 |
2019-05-07 | $0.08 | semi annually | 2019-05-28 |
2018-05-22 | $0.16 | semi annually | 2018-06-12 |
2017-05-09 | $0.21 | semi annually | 2017-05-31 |
Tele2 Dividend per year
Tele2 Dividend growth
Tele2 Dividend Yield
Tele2 current trailing twelve-month (TTM) dividend yield is 6.68%. Interested in purchasing Tele2 stock? Use our calculator to estimate your expected dividend yield:
Tele2 Financial Ratios
Tele2 Dividend FAQ
Other factors to consider when evaluating Tele2 as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Tele2's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Tele2 publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Tele2 distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Tele2 are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Tele2 sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Tele2 distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tele2 declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Tele2's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Tele2's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.