Deutsche Telekom CEO Tim Hoettges said on Thursday that the company’s proposed dividend of 0.60 euros ($0.66) was a new minimum that it would pay whether or not a proposed U.S. merger goes through. “The 60 eurocents announced today is our new minimum dividend amount,” Hoettges said in remarks prepared for a call with reporters after Deutsche Telekom said it would lower its 2019 payout from last year’s 70 cents. Hoettges said he still firmly believed that U.S. unit T-Mobile’s $26.5 billion merger with Sprint, now stalled, would go through although he now expected the deal to close …read more
Source:: Yahoo Finance
