TLSNF - Telia: A Generous 8% Dividend Yield That Will Soon Be Fully Covered
2024-02-08 10:30:00 ET
Summary
- Telia's financial performance is gradually improving and the payout ratio is expected to drop below 100% by the end of the year.
- Telia's stock is highly liquid and the most traded on the Stockholm Stock Exchange.
- Telia's Q4 performance showed a decrease in operating expenses and a positive net income for the full year, despite impairment charges.
Introduction
Telia ( TLSNF ) ( TLSNY ) is a Swedish telecom company active in the Scandinavian and Baltic countries and Finland. Telia has been slowly improving its financial performance and although the dividend currently is not fully covered, odds are the payout ratio will drop below 100% by the end of this year as even discounting the analyst consensus estimates for 2025 by 10% indicate the free cash flow result will increase rather sharply....
Telia: A Generous 8% Dividend Yield That Will Soon Be Fully Covered