: T-Mobile declares first cash dividend since board approval

T-Mobile US Inc. TMUS on Monday said its board had declared a cash dividend of 65 cents a share — its first following the board’s approval this month of a shareholder return program of up to $19 billion. That program, a combination of buybacks and dividends, will run through the end of next year. T Mobile has said it plans to pay around $3 billion in dividends in 2024. Shares were largely unchanged after hours.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post Jeff Bezos’ Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
Next post : Thor Industries shares down as forecast comes up short