Tag Archives: stock

T-Mobile Bumps Its Quarterly Dividend Up by 15%

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T-Mobile investors have another reason to be happy this week. The company announced that its board of directors approved a solid bump to the quarterly dividend, continuing the shareholder-friendly moves T-Mobile has leaned into since it started paying dividends a few years back. Per T-Mobile’s own announcement, the board declared a cash dividend of $1.17 per share on its common stock, up $0.15 per share, or 15%, from … [read full article]

T-Mobile prices its public offering of 17.4M shares

In a press release published this morning, T-Mobile announced the pricing of its registered public offering. The carrier is offering 17.4 million shares of 5.50% mandatory convertible preferred stock at a price of $50 per share. T-Mo hopes to raise around $854 million from the public offering. It’s also giving underwriters the opportunity to buy up to an additional 2.6 million shares of Mandatory Convertible … [read full article]

T-Mobile announces plans to sell $1.8 billion in stock to invest in more spectrum

Late yesterday evening T-Mobile announced a plan to sell common stock. In all, the company hopes to sell up to $1.8 billion worth of stock, or 66.15 million shares. The idea isn’t just to sit on a nice pile of money, instead it hopes to reinvest the money in to “capital investments, enhancing its financial flexibility and opportunistically acquiring … [read full article]