Telenor ASA (TELNY) To Go Ex-Dividend on May 9th

Telenor ASA (OTCMKTS:TELNY) announced a dividend on Tuesday, April 9th, NASDAQ reports. Shareholders of record on Friday, May 10th will be given a dividend of 0.4724 per share by the utilities provider on Thursday, May 30th. The ex-dividend date of this dividend is Thursday, May 9th. This is a boost from Telenor ASA’s previous dividend of $0.41.

Telenor ASA Stock Performance

OTCMKTS TELNY opened at $12.10 on Tuesday. Telenor ASA has a 12 month low of $9.89 and a 12 month high of $12.36. The company’s 50 day moving average is $11.20 and its two-hundred day moving average is $11.07. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.84 and a current ratio of 0.86.

Telenor ASA (OTCMKTS:TELNY) last released its quarterly earnings data on Monday, April 29th. The utilities provider reported $0.32 earnings per share (EPS) for the quarter. The firm had revenue of $1.85 billion for the quarter. Telenor ASA had a net margin of 9.20% and a return on equity of 11.44%. As a group, equities research analysts expect that Telenor ASA will post 1.26 EPS for the current fiscal year.

About Telenor ASA

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.