STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.00
Forward Annual Dividend Rate
$0.21
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
2.84%
Dividend Date
Dividend Date
Oct 25, 2019
Ex-dividend Date
Oct 18, 2019
7.63 %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 10, 2019 | 0.696 | Oct 18, 2019 | Oct 21, 2019 | Oct 25, 2019 |
| Mar 21, 2018 | 0.788 | Mar 19, 2018 | Mar 20, 2018 | Mar 28, 2018 |
| May 16, 2016 | 0.255 | May 10, 2016 | May 12, 2016 | May 20, 2016 |
| Apr 28, 2015 | 0.465 | May 08, 2015 | May 08, 2015 | May 18, 2015 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Aug 28, 1997 | 2:1 | +0.98% | -4.54% |
Frequently Asked Questions
Is Telecom Argentina S.A. (TEO) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Telecom Argentina S.A. is also among the companies that regularly pay dividends.
What is TEO's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. TEO's annual dividend yield for the trailing 12 months is N/A.
When did TEO last pay a dividend?
TEO last paid dividends on 2019-10-25, with the ex-dividend date being 2019-10-18.
When was the last time TEO stock split?
TEO stock split took place on 28-08-1997.
How did TEO's stock split work?
Its last split took place on Aug 28, 1997, when Telecom Argentina S.A. went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 TEO share(s).