TELNY - Telenor: Don't Be Fooled By Its High-Dividend Yield
2024-02-25 02:39:44 ET
Summary
- Telenor offers a high-dividend yield, but its dividend sustainability is questionable, making it a risky income opportunity.
- Telenor has reported moderate growth and positive operating momentum in its Scandinavian and Asian operations.
- The company's dividend payout ratio is high and its free cash flow does not cover dividend payments, raising concerns about dividend sustainability.
Telenor ( TELNY ) offers a high-dividend yield, but this is more the result of poor dividend sustainability than being an income opportunity, thus investors should avoid its shares....
Telenor: Don't Be Fooled By Its High-Dividend Yield