Reported 15 days ago
T-Mobile has announced a significant 35% increase in its dividend after its recent Capital Markets Day, raising its yield to 1.76%. The telecom giant has outperformed peers like Verizon and AT&T over the past five years with a 150% total return, largely due to its successful transition to 5G and its competitive market strategies. Following this announcement, analysts have raised their price target for T-Mobile to $220, reflecting confidence in its growth initiatives and shareholder returns.
Source: YAHOO