Telenor A/S Dividend yield




   NOK/share 
 Price  91.60
 Dividend  9.30
 Earnings  3.28
 Cash-flow  30.53
 Book value  18.69
 Equity  23.10

Telenor A/S is part of Mobile Telecommunications business, which is part of Telecommunications industry. Telenor A/S is a company from Norway, and his stocks are publicly traded.

Telenor A/S paid a total dividend of 13,020 million NOK last year, for a market value of 128,240 millions (Market Cap 57,993 millions). Dividend per share of Telenor A/S is 9.30 NOK, and his stock market price 91.60 NOK.

According to the chart below, where dividend yield is displayed, Telenor A/S has a dividend yield of 10.15%, which is higher than the amount offered by both the market average and companies from Norway. 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 Telenor A/S dividend yield with other Mobile Telecommunications companies or firms from Norway.

Dividend yield of Telenor A/S

Telenor A/S Dividend Payout

About the ability of Telenor A/S to maintain his current dividend of NOK 9.30 per share, an amount that accounts for 10.15%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Telenor A/S payout on ernings is currently 283.54%, which is higher than the market average, and companies of Telecommunications industry, which are 41.22% and 48.17% respectively. Both figures show that Telenor A/S can have problems to keep with his present dividend yield.

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 Telenor A/S is NOK 30.53 per share, which is higher than the dividend per share paid by the company of NOK 9.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Telenor A/S, compared againt world market average, Norway companies, Telecommunications industry and Mobile Telecommunications sector companies.

Telenor A/S payout

Telenor A/S Dividend History

Year Yield  NOK  Paypout  Shares* 
Present10.15%9.30283.54%1,400
20216.49%9.0061.69%1,400
20205.96%8.70119.83%1,380
20195.34%8.4155.55%1,429
20184.84%8.1159.07%1,472
20174.43%7.79107.15%1,502
20165.96%7.50106.08%1,509
20154.82%7.3075.65%1,509

*In millions

Telenor A/S Stock performance

Finally, last moth Telenor A/S showed a return of -3.90% compared to a worldwide -2.30% average, and a -2.41% of Telecommunications firms. Over the last year, the company obtained a -33.90% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Norway and Mobile Telecommunications firms.

Telenor A/S stock and market return