Dividend-News
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Telefonica To Do Well Despite Dividend Cut, Cancellation Of Share Repurchase
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Published Fri, 03 Aug 2012 13:32:33 -0400 on Seeking Alpha
Telefonica (TEF), a voice and data telecom, announced its quarterly results last week, and since the announcement, the stock has traded up almost 11%, despite the disappointing news of a dividend cut. The company has also announced a cancellation of its share repurchase program for the year ended 2012. We previously analyzed Telefonica in detail. Below is a review of its first half results and analysis on how it's still a buy even after the dividend cut. Overall, the company was able to show a very modest growth in revenues in the first half of FY2012, which was largely due to the deterioration of its European operations. The company generated 30.98 billion Euros in total revenues, up 0.3% YoY. The company's top line in Europe remained under pressure because of tough economic conditions, as well as increased competition. TEF generated almost 15.1 billion Euros in the first half, down 6%... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield VODAFONE GROUP 
US92857W2098 28.71 214.8 0.13 2.10 7.31 AT&T
US00206R1023 36.17 27.9 1.28 1.80 4.98 VERIZON COMM
US92343V1044 51.55 127.6 0.40 2.06 4.00 CHINA UNICOM HONG KONG
HK0000049939 13.63 25.1 0.54 0.17 1.28 TELEFONICA
US8793822086 13.28 11.2 0.00 0.00 0.00