Deutsche Telekom (OTCMKTS:DTEGY) Trading 1.9% Higher

Deutsche Telekom AG (OTCMKTS:DTEGY)’s stock price rose 1.9% on Thursday . The company traded as high as $23.38 and last traded at $23.34. Approximately 156,827 shares traded hands during trading, a decline of 32% from the average daily volume of 229,006 shares. The stock had previously closed at $22.91.

Deutsche Telekom Price Performance

The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.92 and a current ratio of 0.99. The company’s 50 day moving average is $23.57 and its two-hundred day moving average is $23.70.

Deutsche Telekom Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 22nd. Stockholders of record on Monday, April 15th were given a dividend of $0.8054 per share. This is a positive change from Deutsche Telekom’s previous dividend of $0.72. The ex-dividend date of this dividend was Friday, April 12th. Deutsche Telekom’s dividend payout ratio (DPR) is presently 17.25%.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.