Deutsche Telecom will pay a regular annual dividend of $0.87 (0.72 Euros, about 5% yield) to holders as of Saturday, April 22. At a P/E of 10, this stock seems a bargain. Their telephony quasi-monopoly is boring but defensive. Stock likely to trade sideway for a while, although T-Mobile could bring some nice upside (even factoring short term capital need to acquire more bandwidth).

This entry was posted on Tuesday, April 11th, 2006 at 10:54 pm and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.