Tele2 AB (publ) (TLTZY) to Issue Dividend of $0.11 on November 4th

Tele2 AB (publ) (OTCMKTS:TLTZY) declared a dividend on Friday, September 27th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.111 per share on Monday, November 4th. The ex-dividend date is Tuesday, October 15th.

Tele2 AB (publ) Stock Down 1.5 %

TLTZY opened at $5.57 on Friday. The business’s fifty day simple moving average is $5.31 and its 200 day simple moving average is $4.87. Tele2 AB has a 52 week low of $3.36 and a 52 week high of $5.78. The firm has a market cap of $7.60 billion, a P/E ratio of 22.26 and a beta of 0.58. The company has a quick ratio of 0.82, a current ratio of 0.89 and a debt-to-equity ratio of 1.04.

Tele2 AB (publ) (OTCMKTS:TLTZY) last issued its quarterly earnings results on Wednesday, July 17th. The company reported $0.06 EPS for the quarter. The business had revenue of $678.91 million during the quarter. Tele2 AB (publ) had a net margin of 12.85% and a return on equity of 16.25%. As a group, equities research analysts anticipate that Tele2 AB will post 0.27 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Citigroup raised Tele2 AB (publ) to a “strong-buy” rating in a research note on Tuesday, September 24th.

Tele2 AB (publ) Company Profile

Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, 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, united communications, and security services.