Telecom Argentina Stock To Go Ex-dividend Tomorrow (TEO)
NEW YORK (TheStreet) -- The ex-dividend date for Telecom Argentina (NYSE:TEO) is tomorrow, April 14, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.11 per share. At a price of $25.25 as of 9:30 a.m. ET, the dividend yield is 9.7%. The average volume for Telecom Argentina has been 157,600 shares per day over the past 30 days. Telecom Argentina has a market cap of $5 billion and is part of the technology sector and telecommunications industry. Shares are up 1.1% year to date as of the close of trading on Tuesday. Telecom Argentina S.A., through its subsidiaries, provides fixed-line telecommunication services and other telephone-related services in Argentina. It operates in two segments, Voice, Data, and Internet; and Wireless. The company has a P/E ratio of 43.5, above the average telecommunications industry P/E ratio of 10.8 and above the S&P 500 P/E ratio of 16.6.
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