Tim S.A. (NYSE:TIMB – Get Rating) announced a Variable dividend on Tuesday, June 21st, investing.com reports. Shareholders of record on Monday, June 27th will be given a dividend of 0.0822 per share on Wednesday, July 27th. This represents a dividend yield of 2.77%. The ex-dividend date of this dividend is Friday, June 24th.
Shares of NYSE TIMB opened at $12.13 on Thursday. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 10.11, a P/E/G ratio of 1.04 and a beta of 0.73. The company has a current ratio of 1.56, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. TIM has a 1-year low of $9.81 and a 1-year high of $15.61. The stock’s 50-day moving average is $13.64 and its 200 day moving average is $12.96.
TIM (NYSE:TIMB – Get Rating) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.14. TIM had a return on equity of 9.35% and a net margin of 16.66%. The company had revenue of $904.79 million for the quarter, compared to analysts’ expectations of $1.02 billion. On average, analysts forecast that TIM will post 0.71 EPS for the current fiscal year.
A number of research analysts have issued reports on the company. TheStreet cut TIM from a “b” rating to a “c+” rating in a research note on Tuesday. Citigroup initiated coverage on TIM in a report on Monday, April 18th. They set a “buy” rating for the company.
TIM Company Profile (Get Rating)
TIM SA operates as a telecommunications company in Brazil. The company provides mobile voice and data services, broadband internet access, value-added services, and other telecommunications services and products. It also offers fixed-line ultra-broadband and TIM Live services, as well as WTTx technology through Ultrafibra services and IoT solutions.
- Get a free copy of the StockNews.com research report on TIM (TIMB)
- Downturn Gives These 3 Buys Juicy Dividend Yields
- Victoria’s Secret Stock is Out of the Box
- Time For a Ride in Six Flags Stock
- Why Dollar General (NYSE: DG) Should Be In Your Portfolio
- Korn Ferry Is A Good Buy For The Recession And Beyond
Receive News & Ratings for TIM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TIM and related companies with MarketBeat.com's FREE daily email newsletter.