Reported 2 days ago
T-Mobile has announced a significant 35% increase in its quarterly dividend, raising it to $0.88 per share starting in December. Following its merger with Sprint, T-Mobile has seen remarkable free cash flow growth, with projections of reaching $18-$19 billion in the next few years. The company plans to return most of this cash to shareholders while promising consistent double-digit dividend growth, making it an attractive option for long-term investors.
Source: YAHOO