Telefonica cuts 2012/2013 dividend – Mobile World Live

Telefonica cuts 2012/2013 dividend

15 DEC 2011

Telefonica has cut its dividend payments for 2012 and 2013 due to changes to the economic and operating environment and financial market conditions. Shareholders will receive EUR1.50 per share including EUR1.30 as cash – in 2012. A “similar” dividend will be paid in 2013 although potentially with a different remuneration mix depending on market conditions. However, shareholders will receive the promised EUR1.60 per share for 2011, with the first payment of EUR0.77 having been made in November, and the remaining EUR0.83 due in May 2012.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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