T-Mobile US Dividend Raised by 35.4% Amid Buyback Announcement

Wednesday, 18 September 2024, 17:51

T-Mobile US (TMUS) initiates a substantial dividend increase of 35.4% to $0.88 per share, enhancing shareholder value. This move signals confidence in future growth and comes alongside a share buyback plan. Investors should note the forward yield of 1.77%, indicating a solid investment opportunity.
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T-Mobile US Dividend Raised by 35.4% Amid Buyback Announcement

Overview of T-Mobile US' Dividend Increase

T-Mobile US has announced a notable dividend hike to $0.88 per share, reflecting a 35.4% raise from previous distributions. This increase highlights the company’s commitment to returning value to shareholders.

Share Buyback Announcement

Alongside the dividend raise, T-Mobile has revealed plans for a share buyback which is set to enhance market confidence and support the stock's performance. These strategic moves showcase T-Mobile’s robust financial health.

  • Dividend Yield: 1.77%
  • Dividend Per Share: $0.88
  • Investment Implications: Positive for investor sentiment

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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