Chunghwa Telecom (CHT) Releases Quarterly Earnings Results
Chunghwa Telecom (NYSE:CHT) released its earnings data on Wednesday. The company reported $0.46 earnings per share for the quarter, AR Network reports.
CHT has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Chunghwa Telecom in a research note on Tuesday, July 1st. They now have a $34.00 price target on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of Chunghwa Telecom from a “neutral” rating to an “underweight” rating in a research note on Friday, June 6th.
Chunghwa Telecom (NYSE:CHT) traded down 0.16% on Wednesday, hitting $30.44. 9,050 shares of the company’s stock traded hands. Chunghwa Telecom has a 1-year low of $29.07 and a 1-year high of $32.46. The stock has a 50-day moving average of $31.59 and a 200-day moving average of $30.92. The company has a market cap of $23.614 billion and a P/E ratio of 16.75.
The company also recently announced a special dividend, which is scheduled for Wednesday, September 3rd. Investors of record on Thursday, July 17th will be paid a dividend of $0.7125 per share. This represents a dividend yield of 2.47%. The ex-dividend date is Tuesday, July 15th.
Chunghwa Telecom Co, Ltd. is a provider of telecommunication services. The Company operates its businesses through domestic fixed-line communication services, including urban telephone, long-distance telephone, intelligent network (NYSE:CHT), integrated service digital network (ISDN), domestic circuit leasing and multimedia on demand (MOD) services; mobile communication services, including global system for mobile communications (GSM) mobile communication, third generation (3G) mobile communication and mobile value-added services; network services, including Internet service provider (ISP) and domestic data exchange business; international fixed-line communication services, including international telephone, international circuit leasing, international data exchange and satellite communication services, as well as services for corporate customers, including integrated services for corporate, international corporate information services, mobile corporate services and data services.
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