Telenor ASA

OB:TEL Stock Report

Market Cap: NOK 182.0b

Telenor Dividends and Buybacks

Dividend criteria checks 5/6

Telenor is a dividend paying company with a current yield of 7.23% that is well covered by earnings. Next payment date is on 27th October, 2026 with an ex-dividend date of 15th October, 2026.

Key information

7.2%

Dividend yield

0.3%

Buyback Yield

Total Shareholder Yield7.5%
Future Dividend Yield7.6%
Dividend Growth2.7%
Next dividend pay date27 Oct 26
Ex dividend date15 Oct 26
Dividend per sharen/a
Payout ratio83%

Recent dividend and buyback updates

Recent updates

Narrative Update Aug 12

TEL: Nordics Expansion And Capital Returns Will Support Future Upside Potential

Telenor's analyst fair value estimate has been adjusted from NOK 164.35 to NOK 160.95. This reflects a group of recent price target resets in the NOK 135 to NOK 160 range as analysts update their views on discount rates, more moderate revenue assumptions and slightly firmer profit margins.
Analysis Article Jul 24

Impressive Earnings May Not Tell The Whole Story For Telenor (OB:TEL)

Last week's profit announcement from Telenor ASA ( OB:TEL ) was underwhelming for investors, despite headline numbers...
Narrative Update Jul 17

TEL: Nordics Expansion And IoT Proceeds Will Support Upside Potential

Telenor's updated fair value estimate of NOK 164.35, down from NOK 168, reflects a recalibrated view of analyst price targets that now cluster around NOK 140 to NOK 170, as analysts weigh recent upgrades to Buy and trimmed targets against mixed sentiment on Nordic telecoms. Analyst Commentary Recent research on Telenor shows a split view, with some analysts turning more positive on the stock while others are trimming expectations and leaning cautious on the Nordic telecoms space.
Analysis Article Jun 18

Telenor (OB:TEL) Stock Could Be 51.9% Below Fair Value After Bane NOR Deal

Telenor (OB:TEL) is back in focus after Telenor Norge and Techstep secured a new five year frame agreement with Bane NOR, covering mobile services, devices, subscriptions, and full lifecycle management. See our latest analysis for Telenor. The new Bane NOR contract lands at a time when Telenor’s share price has softened, with a 30 day share price return down 10.19% and a 90 day return down 13.60%, yet its 3 year total shareholder return of 60.65% and 5 year total shareholder return of 42.38%...
Analysis Article Oct 28

Telenor ASA's (OB:TEL) Business Is Yet to Catch Up With Its Share Price

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
Analysis Article Sep 25

Telenor (OB:TEL) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 30

Here's Why We Think Telenor (OB:TEL) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Upcoming Dividend Payment

TodayAug 21 2026Ex Dividend DateOct 15 2026Dividend Pay DateOct 27 202612 days from Ex DividendBuy in the next 54 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TEL's dividends per share have been stable in the past 10 years.

Growing Dividend: TEL's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Telenor Dividend Yield vs Market
How does TEL dividend yield compare to the market?
SegmentDividend Yield
Company (TEL)7.2%
Market Bottom 25% (NO)3.3%
Market Top 25% (NO)7.8%
Industry Average (Telecom)4.5%
Analyst forecast (TEL) (up to 3 years)7.6%

Notable Dividend: TEL's dividend (7.23%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).

High Dividend: TEL's dividend (7.23%) is low compared to the top 25% of dividend payers in the Norwegian market (7.75%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (82.8%), TEL's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (73.2%), TEL's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/21 16:54
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Telenor ASA is covered by 36 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
William Noel MilnerArete Research Services LLP
John DaviesBanco Santander