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T-Mobile beat earnings estimates, raised its dividend, and saw increased investor interest.
T-Mobile US reported strong second-quarter earnings, with $2.84 EPS and $21.13 billion in revenue, surpassing estimates.
The company raised its quarterly dividend to $1.02, yielding 1.8%, with an ex-dividend date of November 26.
Institutional investors, including Aberdeen Group and Cerro Pacific Wealth Advisors, increased their stakes, while PDS Planning reduced its holding.
The stock closed at $228.79, with a market cap of $257.48 billion and a consensus "Moderate Buy" rating and $265.13 target price.
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T-Mobile superó las estimaciones de ganancias, aumentó su dividendo y vio un aumento en el interés de los inversores.