$0.08 dividends just around the corner for TIM Participacoes S.A. (NYSE:TSU) shareholders.

November 15, 2017 - By Ellis Scott

 $0.08 dividends just around the corner for TIM Participacoes S.A. (NYSE:TSU) shareholders.

TIM Participacoes S.A. (NYSE:TSU) is expected to pay $0.08 on Dec 1, 2017. The indicated annual dividend is $0.16. Shareholders owning the stock before Nov 16, 2017 will be eligible to receive the payout. Based on TIM Participacoes S.A.’s current price of $17.34, the dividend is 0.47 %. This dividend’s record date is Nov 17, 2017 and the announcement date is Nov 7, 2017. It closed at $17.34 lastly. It is down 48.97% since November 15, 2016 and is uptrending. It has outperformed by 32.27% the S&P500.

TIM Participacoes S.A. is a provider of mobile telecommunication services in Brazil. The company has market cap of $8.39 billion. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. It has a 27.97 P/E ratio. The Company’s direct subsidiaries include TIM Celular S.A., which provides landline telephone services (commuted fixed telephonic service (STFC))-domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (multimedia service of communication (SCM)) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC-local voices services and SCM services in all Brazilian states and in the Federal District.

TIM Participacoes SA (ADR) (NYSE:TSU) Ratings Coverage

Among 6 analysts covering TIM Participacoes (NYSE:TSU), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. TIM Participacoes had 21 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Barclays Capital on Monday, October 17 to “Overweight”. Barclays Capital maintained the shares of TSU in report on Monday, October 16 with “Overweight” rating. The stock of TIM Participacoes SA (ADR) (NYSE:TSU) has “Buy” rating given on Tuesday, July 26 by Bank of America. JP Morgan downgraded the shares of TSU in report on Wednesday, August 5 to “Neutral” rating. JP Morgan upgraded TIM Participacoes SA (ADR) (NYSE:TSU) on Friday, May 26 to “Overweight” rating. RBC Capital Markets maintained the shares of TSU in report on Tuesday, October 3 with “Hold” rating. Barclays Capital maintained TIM Participacoes SA (ADR) (NYSE:TSU) rating on Wednesday, July 27. Barclays Capital has “Equalweight” rating and $12.50 target. The rating was downgraded by Goldman Sachs to “Sell” on Friday, December 18. Bank of America downgraded TIM Participacoes SA (ADR) (NYSE:TSU) on Friday, August 21 to “Neutral” rating. The company was downgraded on Tuesday, October 6 by Barclays Capital.

More news for TIM Participacoes SA (ADR) (NYSE:TSU) were recently published by: Marketwatch.com, which released: “17.34” on December 21, 2009. Quotes.Wsj.com‘s article titled: “TIM Participacoes S/A ADR” and published on February 12, 2011 is yet another important article.

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