Telefónica SA Sees Significant Growth in Stock Value and Market Capitalization
In a remarkable turnaround, Telefónica SA has witnessed a substantial increase in its stock price over the past five years, leaving investors who took a chance on the Madrid-based communication service provider with substantial returns. For those who purchased shares at 3.88 EUR five years ago, the value of their investment has skyrocketed to 1,199.39 EUR after a remarkable 19.94% increase, excluding dividends and splits.
This impressive growth is not limited to the stock price alone. Telefónica SA’s market value has also expanded significantly, reaching a staggering 26.28 billion EUR recently, a testament to the company’s growing influence and success in the industry.
But what’s next for Telefónica SA? The company has announced a mandatory cash dividend, which will be paid out to eligible shareholders. The ex-date for this dividend is set at June 18, with the payment date scheduled for July 11. While the exact dividend amount has not been specified, this move is expected to further boost investor confidence and reward loyal shareholders for their continued support.
Key Dates:
- Ex-date for mandatory cash dividend: June 18
- Payment date for mandatory cash dividend: July 11
- Current market value of Telefónica SA: 26.28 billion EUR
- Five-year stock price increase (excluding dividends and splits): 19.94%