VimpelCom Ltd. (VEON) Plans $0.11 None Dividend

VimpelCom Ltd. (NASDAQ:VEON) announced a None dividend on Thursday, August 3rd, Fidelity reports. Stockholders of record on Monday, August 14th will be paid a dividend of 0.11 per share by the Wireless communications provider on Wednesday, September 6th. This represents a dividend yield of 2.63%. The ex-dividend date is Thursday, August 10th.

Shares of VimpelCom (NASDAQ:VEON) traded down 0.75% during midday trading on Friday, hitting $3.96. 1,611,756 shares of the stock were exchanged. VimpelCom has a 12-month low of $3.12 and a 12-month high of $4.50. The stock’s 50 day moving average is $4.01 and its 200 day moving average is $4.02. The firm has a market cap of $6.93 billion, a P/E ratio of 4.10 and a beta of 2.31.

VimpelCom (NASDAQ:VEON) last posted its quarterly earnings results on Thursday, August 3rd. The Wireless communications provider reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.09. The company had revenue of $2.42 billion during the quarter. VimpelCom had a negative return on equity of 8.29% and a net margin of 18.26%. On average, equities research analysts forecast that VimpelCom will post $0.29 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was first posted by BNB Daily and is the property of of BNB Daily. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at

VEON has been the topic of several research analyst reports. Zacks Investment Research lowered shares of VimpelCom from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $6.50 price objective on shares of VimpelCom in a report on Thursday, May 18th. ValuEngine downgraded shares of VimpelCom from a “hold” rating to a “sell” rating in a report on Friday, May 26th. Finally, J P Morgan Chase & Co raised shares of VimpelCom from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $4.00 to $4.50 in a report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $5.39.

About VimpelCom

Dividend History for VimpelCom (NASDAQ:VEON)

Receive News & Ratings for VimpelCom Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VimpelCom Ltd. and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply