Magyar Telekom Telec Dividend yield

Magyar Telekom Telec is part of Fixed Line Telecommunications business, which is part of Telecommunications industry. Magyar Telekom Telec is a company from Hungary, and his stocks are publicly traded.

Magyar Telekom Telec stock dividend

Magyar Telekom Telec paid a total dividend of 29,477 million HUF last year, for a market value of 450,684 millions (Market Cap 169,859 millions). Magyar Telekom Telec dividend per share is 30.61 HUF, and his stock market price 468.00 HUF.

According to the chart below, where dividend yield is displayed, Magyar Telekom Telec has a dividend yield of 6.54%, which is higher than the amount offered by both the market average and companies from Hungary. It is also bigger than average of Telecommunications industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Magyar Telekom Telec stocks dividend with other Fixed Line Telecommunications companies or other of the high Hungary dividend stocks list.

Magyar Telekom Telec Dividend Payout

About the ability of Magyar Telekom Telec to maintain his current dividend of HUF 30.61 per share, an amount that accounts for 6.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Magyar Telekom Telec payout on ernings is currently 26.16%, which is lower than the market average and companies of Telecommunications industry, which are 39.34% and 41.86% respectively. Both figures lead us to believe that there is confidence that Magyar Telekom Teleccan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Magyar Telekom Telec is HUF 203.48 per share, which is higher than the dividend per share paid by the company of HUF 30.61, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Magyar Telekom Telec, compared againt world market average, Hungary companies, Telecommunications industry and Fixed Line Telecommunications sector companies.

Magyar Telekom Telec Dividend History

Below you will find a table with the historical evolution of Magyar Telekom Telec's dividend stock, both in percentage and in HUF, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HUF	Paypout	Shares*
Present	6.54%	30.61	26.16%	963
2022	4.44%	15.05	12.87%	963
2021	3.65%	15.02	16.43%	997
2020	5.31%	20.18	23.90%	1,034
2019	5.65%	25.20	60.46%	1,043
2018	5.71%	25.12	55.95%	1,038
2017	5.46%	25.01	26.76%	1,041
2016	3.05%	15.01	24.10%	1,038
2015	0.00%	0.00	0.00%	1,038

*In millions

Then you can see the evolution of Magyar Telekom Telec dividend stock, and compare it with the average of Hungary stocks and that of the Fixed Line Telecommunications stocks.

Magyar Telekom Telec Stock performance

Finally, last moth Magyar Telekom Telec showed a return of 11.80% compared to a worldwide -2.49% average, and a -0.77% of Telecommunications firms. Over the last year, the company obtained a 38.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Hungary and Fixed Line Telecommunications firms.