T-Mobile US, Inc. (NASDAQ:TMUS) Announces Quarterly Dividend of $1.02

T-Mobile US, Inc. (NASDAQ:TMUS) announced a quarterly dividend on Thursday, March 19th. Stockholders of record on Friday, May 29th will be given a dividend of 1.02 per share by the Wireless communications provider on Thursday, June 11th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th.

T-Mobile US has a payout ratio of 35.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect T-Mobile US to earn $12.29 per share next year, which means the company should continue to be able to cover its $4.08 annual dividend with an expected future payout ratio of 33.2%.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $206.59 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45. T-Mobile US has a 52 week low of $181.36 and a 52 week high of $272.60. The stock’s 50-day moving average price is $205.09 and its 200-day moving average price is $213.62. The stock has a market capitalization of $227.63 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 1.35 and a beta of 0.43.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.