Previous close | 17.63 |
Open | 18.29 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 17.52 - 18.29 |
52-week range | 16.38 - 20.24 |
Volume | |
Avg. volume | 65,911 |
Market cap | 29.011B |
Beta (5Y monthly) | 0.51 |
PE ratio (TTM) | 12.46 |
EPS (TTM) | 1.41 |
Earnings date | 23 May 2024 - 27 May 2024 |
Forward dividend & yield | 0.78 (4.41%) |
Ex-dividend date | 17 Nov 2023 |
1y target est | N/A |
(Bloomberg) -- Singapore Telecommunications Ltd.’s Australian phone carrier Optus appointed Stephen Rue as chief executive officer with effect from November, it said in a bourse filing Monday. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls Far ShortAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’S&P 500 Extends Gains in Final Minute
The impairment provisions would lead to the telecom giant reporting a net loss for the second-half period and a lower net profit for the full-year ended March 31, 2024, according to Singtel. Shares of Singtel were down 2.5% during Monday midday at S$2.35 per share, underperforming the broader benchmark stock index's 0.2% decline. "Singtel highlighted that this won't impact its dividend which is based on 70% to 90% of the underlying net income while the non-cash impairment charges will be booked as one offs," Maybank Research analyst Hussaini Saifee wrote in a research note on Monday.
The integration of Ericsson's (ERIC) 5G network with Vonage's API platform and Singtel's Paragon platform is likely to aid developers in creating solutions to help enterprises overhaul their businesses.