TEL Dividend History & Analysis | 5.9% Yield

TEL has a dividend yield of 5.9% and paid 9.6 NOK per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 5.94%
Payout Ratio 92.0%
Growth Rate CAGR 5y 1.3%
Consistency Lifetime 100%
Yield on Cost 5y 8.9%
Payout FCF 68.1%
Streak Years 5
Dividend Rating 62.6%
Chowder Number yield + growth 7.3% below 12% target for healthy growth
Yield vs Average 5y -13.2% avg 6.85% vs now 5.94%
Debt / EBITDA leverage -0.5x healthy
Income per 10k invested 594 NOK per year
Dividends Cash Amount per Share Yearly TEL annual dividends paid per share, showing the total cash Telenor ASA distributed to shareholders each year.
Dividend Growth Year over Year TEL year-over-year dividend growth rate, showing how Telenor ASA's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History TEL dividend yield history versus share price over the past 5 years, showing how Telenor ASA's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Integrated Telecommunication Services

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
FNTN XETRA
freenet
3,266 M 8.26% 14.41%
VIV NYSE
Telefonica Brasil
22,449 M 6.06% 14.61%
TEF MC
Telefonica
23,145 M 6.69% 8.70%
TELIA ST
Telia
18,125 M 6.19% 9.11%
TEL OL
Telenor ASA
18,744 M 5.94% 8.92%
ORA PA
Orange S.A.
49,324 M 4.72% 11.03%
VZ NYSE
Verizon Communications
182,973 M 6.65% 6.86%
Z74 SG
Singapore Telecommunications
56,137 M 4.26% 9.90%
TEO NYSE
Telecom Argentina
5,858 M 3.48% 10.38%
KPN AS
Koninklijke KPN
17,944 M 4.25% 8.51%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
Z74 SG
Singapore Telecommunications
56,137 M 23.04% 100.0%
IDT NYSE
IDT
1,568 M 19.35% 100.0%
DTE XETRA
Deutsche Telekom
149,652 M 12.14% 100.0%
KPN AS
Koninklijke KPN
17,944 M 8.33% 100.0%
FNTN XETRA
freenet
3,266 M 7.36% 100.0%
VZ NYSE
Verizon Communications
182,973 M 2.04% 100.0%
ORA PA
Orange S.A.
49,324 M 2.19% 99.2%
TEL OL
Telenor ASA
18,744 M 1.34% 100.0%
SCMN SW
Swisscom
39,589 M 3.40% 97.0%
TEF MC
Telefonica
23,145 M 0.25% 98.3%

TEL Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar - -
Apr - -
May 3.69% 100
Jun - -
Jul - -
Aug - -
Sep - -
Oct 3.45% 100
Nov - -
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 11 Payments (NOK) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-10-15 2026-10-27 Final 4.7 -6% N/A
2026-05-20 2026-06-02 Interim 5 +8.7% 3.16%
2025-10-16 2025-10-28 Final 4.6 -8% 2.78%
2025-05-22 2025-06-03 Interim 5 +11.1% 3.25%
2024-10-17 2024-10-29 Final 4.5 -10% 3.4%
2024-05-08 2024-05-22 Interim 5 +13.6% 4.02%
2023-10-19 2023-10-31 Final 4.4 -12% 3.81%
2023-05-11 2023-05-23 Interim 5 +16.3% 3.99%
2022-10-06 2022-10-19 Final 4.3 -14% 4.44%
2022-05-12 2022-05-24 Interim 5 +25% 4.05%
2021-10-07 2021-10-20 Final 4 0% 2.83%

TEL Dividend FAQ

What is the Dividend Yield of TEL?

As of July 2026, TEL's dividend yield is 5.94%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 9.60 NOK by the current share price of 133.30.

Does TEL pay a dividend?

As of July 2026, TEL paid a dividend of 9.60 NOK in the last 12 months. The last dividend was paid on 2026-10-15 and the payout was 4.7 NOK.

How often does TEL pay dividends?

TEL pays dividends semi-annually. Over the last 12 months, TEL has issued 2 dividend payments. The last dividend payment was made on 2026-10-15.

TEL dividend forecast

Based on historical data, the forecasted dividends per share for TEL for the next payments are between 4.741 (+0.9%) and 5.277 (+12.3%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 7.52%.

Will TEL pay dividends in 2026?

The latest dividend paid per share was 4.7 NOK with an Ex-Dividend Date of 2026-10-15. The next Ex-Dividend date for Telenor ASA (TEL) is 2026-10-15.

What is the next Ex-Dividend Date for TEL?

The next Ex-Dividend date for Telenor ASA (TEL) is 2026-10-15.

What is the Dividend Growth of TEL?

TEL's average dividend growth rate over the past 5 years is 1.34% per year. Weak growth: TEL's dividend growth is lower than inflation.

What is the Yield on Cost of TEL?

TEL's 5-Year Yield on Cost is 8.92%. If you bought TEL's shares at 107.57 NOK five years ago, your current annual dividend income (9.60 NOK per share, trailing 12 months) equals 8.92% of your original purchase price.

What is the Payout Consistency of TEL?

TEL Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Telenor ASA has a strong track record of consistent dividend payments over its lifetime.

Does TEL have a good Dividend Yield?

TEL's 5.94% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of TEL?

The Dividend Payout Ratio of TEL is 92.0%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of TEL?

TEL's Overall Dividend Rating is 62.56%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TEL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in TEL's Outstanding Shares?

Telenor ASA's outstanding shares have decreased by approximately 1.58% annually over the past 3 years (Trend Reliability: -64.7%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has TEL ever had a Stock Split?

Yes, the last stock split was on Dec 4, 2001 with a ratio of 98163:89239. This was a forward split: Each share became 1.1 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2000 1,400,000,000 0%
2001 1,771,604,900 +26.54%
2002 1,772,730,700 +0.06%
2003 1,775,323,000 +0.15%
2004 1,775,918,100 +0.03%
2005 1,692,307,700 -4.71%
2006 1,680,274,600 -0.71%
2007 1,680,377,400 +0.01%
2008 1,663,888,900 -0.98%
2009 1,653,554,500 -0.62%
2010 1,648,543,700 -0.3%
2011 1,598,148,100 -3.06%
2012 1,559,401,700 -2.42%
2013 1,512,355,200 -3.02%
2014 1,503,488,400 -0.59%
2015 1,500,000,000 -0.23%
2016 1,501,869,200 +0.12%
2017 1,498,958,300 -0.19%
2018 1,466,583,500 -2.16%
2019 1,436,956,500 -2.02%
2020 1,401,548,000 -2.46%
2021 1,400,852,900 -0.05%
2022 1,399,458,000 -0.1%
2023 1,387,568,000 -0.85%
2024 1,351,471,200 -2.6%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-24 02:37 UTC