Telefónica S.A. Continues to Drive Growth and Announces Dividend Payment

Telefónica, a leading telecommunications company, is attracting attention with its recent announcement of a dividend payment. The company, traded under the ticker symbol TEF on the BME stock exchange, will be paying out a dividend of 0.1215 per share to its shareholders. This move reflects Telefónica's commitment to its investors and showcases its ability to generate strong cash flow.

In addition to its dividend payment, Telefónica is also making strategic moves in the market. On March 13, 2025, at 12:56 am EDT, the company announced its plans to sell a majority stake in its Colombian business to Millicom, a leading telecommunications and media company. This deal allows Telefónica to streamline its operations and focus on its core business, while providing Millicom with an opportunity to expand its presence in Colombia.

The sale of the stake in Colombia Telecom to Millicom is worth 400 million, further strengthening Telefónica's financial position. This transaction aligns with the company's strategy of optimizing its portfolio and generating value for its shareholders. Telefónica continues to be a key player in the telecommunications industry, and this recent move showcases its ability to adapt and make strategic decisions to drive growth.

Investors looking to take advantage of Telefónica's potential can consult Stocks Prognosis, a team of professionals specializing in stock market forecasts. Their expertise can guide investors in making informed decisions regarding the movement of Telefónica's stocks. With Telefónica's strong performance and strategic initiatives, it is an investment opportunity worth considering.