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home / news releases / BGAOF - Proximus: A Belgian Telecom Player With A 7% Dividend Yield


BGAOF - Proximus: A Belgian Telecom Player With A 7% Dividend Yield

  • Proximus is one of the three main domestic telecom players in Belgium.
  • The company is paying a 1.20 EUR dividend, representing an 80% payout ratio.
  • Despite the generous yield, I'm not adding to my position as there are some uncertainties and the company's future looks uninspiring.
  • I still have my legacy position and have no intention to sell either.

For further details see:

Proximus: A Belgian Telecom Player With A 7% Dividend Yield
Stock Information

Company Name: Proximus SA De Droit Pub
Stock Symbol: BGAOF
Market: OTC

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