EQS-Adhoc: Deutsche Telekom AG: Board of Management plans higher dividend for 2023 and buy-backs of Deutsche Telekom shares in 2024
EQS-Ad-hoc: Deutsche Telekom AG / Key word(s): Dividend/Share Buyback Deutsche Telekom’s Board of Management plans higher dividend for 2023 and buy-backs of Deutsche Telekom shares in 2024 The Board of Management of Deutsche Telekom AG plans to propose to the annual shareholder meeting to increase the dividend for the 2023 financial year to 0.77 euros per dividend-bearing share, up from 0.70 euros per share for the 2022 financial year. In addition, the Board of Management plans to buy back shares of Deutsche Telekom in 2024 for up to 2 billion euros. The Board of Management’s plans for this shareholder remuneration are based on business performance in 2023. On November 9, 2023, Deutsche Telekom will report the Group’s financial figures for the first nine months of 2023. The Supervisory Board will make its decision on the Board of Management’s dividend planning as soon as the definitive business figures for full-year 2023 are available. A dividend payment based on the final dividend proposal by the Board of Management and the Supervisory Board for the 2023 financial year is subject to approval by the shareholders’ meeting and to fulfillment of other legal conditions.
End of Inside Information Information and Explanation of the Issuer to this announcement: Deutsche Telekom’s dividend policy published at the Capital Markets Day 2021 provides for distribution of between 40 and 60 percent of recurring adjusted earnings per share, with payment of a minimum dividend of 0.60 euros per share. When publishing its financial figures for the first half of the year on August 10, 2023, Deutsche Telekom set a guidance for recurring adjusted earnings per share of over 1.60 euros per share for the 2023 financial year. This guidance is based on the assumption that exchange rates will remain at the same level as in 2022. A dividend of 0.77 euros per share is thus in the middle of the intended payout range. Shareholders eligible for tax credits in Germany will not have to pay tax on their dividends. At the Capital Markets Day 2021, Deutsche Telekom’s Board of Management had also announced that it would take share buy-backs into consideration in the future. The planned share buy-backs in the coming year amounting to up to 2 billion euros are intended to recoup part of the dilution effect from Deutsche Telekom’s 2021 capital increase. In September 2021, Deutsche Telekom had issued 225 million new shares to Softbank Corp., Japan, by way of a capital increase against contributions in kind, for which it received 45 million shares of its subsidiary T-Mobile US Inc. in return. This takes Deutsche Telekom one step closer to achieving its strategic goal of a long-term majority shareholding in T-Mobile US. As of September 30, 2023, it held a 52.1 percent stake in T-Mobile US.
02-Nov-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Deutsche Telekom AG |
Friedrich Ebert Allee 140 | |
53113 Bonn | |
Germany | |
Phone: | +49 (0)228 181-88880 |
Fax: | +49 (0)228 181-88899 |
E-mail: | investor.relations@telekom.de |
Internet: | www.telekom.com |
ISIN: | DE0005557508 |
WKN: | 555750 |
Indices: | DAX, TecDAX, EURO STOXX 50 |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; London, Amsterdam, NYSE, OTC QX, Tokyo |
EQS News ID: | 1763661 |
End of Announcement | EQS News Service |
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1763661 02-Nov-2023 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
The most important financial data at a glance | ||||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
Sales1 | 75.656,00 | 80.531,00 | 100.999,00 | 108.794,00 | 114.197,00 | 111.970,00 | 0,00 | |
EBITDA1,2 | 21.836,00 | 27.120,00 | 38.633,00 | 40.539,00 | 43.049,00 | 44.772,00 | 0,00 | |
EBITDA-Margin3 | 28,86 | 33,68 | 38,25 | 37,26 | 37,70 | 39,99 | 0,00 | |
EBIT1,4 | 8.001,00 | 9.457,00 | 12.804,00 | 13.057,00 | 15.414,00 | 20.798,00 | 0,00 | |
EBIT-Margin5 | 10,58 | 11,74 | 12,68 | 12,00 | 13,50 | 18,58 | 0,00 | |
Net Profit (Loss)1 | 3.329,00 | 5.268,00 | 6.747,00 | 6.103,00 | 9.482,00 | 21.992,00 | 0,00 | |
Net-Margin6 | 4,40 | 6,54 | 6,68 | 5,61 | 8,30 | 19,64 | 0,00 | |
Cashflow1,7 | 17.948,00 | 23.074,00 | 23.743,00 | 32.171,00 | 35.819,00 | 37.298,00 | 0,00 | |
Earnings per share8 | 0,46 | 0,82 | 0,88 | 0,87 | 1,61 | 3,57 | 1,78 | |
Dividend per share8 | 0,70 | 0,60 | 0,60 | 0,64 | 0,70 | 0,77 | 0,90 |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Deloitte
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
INVESTOR-INFORMATION | ||||||
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Deutsche Telekom | ||||||
WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
555750 | DE0005557508 | AG | 144.208,38 Mio € | 18.11.1996 | Halten | 9F29P45H+4F |
PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
14,76 | 19,13 | 0,77 | 24,06 | 2,72 | 3,87 | 1,29 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
0,70 | 0,77 | 0,90 | 3,11% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
09.04.2025 | 15.05.2025 | 08.08.2024 | 14.11.2024 | 26.02.2025 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
+1,32% | +15,86% | +32,97% | +32,78% | +98,49% |
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