Posted 9/7/2023, 3:50:52 PM

T-Mobile's new callous move shows it moving even further from 'Uncarrier' roots

T-Mobile announced 5,000 layoffs then started a $3.75B dividend program for shareholders
This is T-Mobile's first ever dividend program; competitors offer billions more
Dividends reward shareholders; the more shares owned, the bigger the payout
T-Mobile is also doing a $14B stock buyback to distribute more money to the top
The moves come after 10,000+ layoffs aimed at "reclaiming efficiency"

androidauthority.com

Relevant topic timeline:

9/6/2023

T-Mobile Will Start to Pay a Dividend. Why the Stock Is Dropping.

T-Mobile US will start paying a dividend in the fourth quarter, but the stock is dropping.

10/1/2023

Verizon's High Dividend Yield Comes With Caution as Earnings Decline

Verizon Communications is set to trade ex-dividend, with shareholders eligible to receive a dividend of US$0.67 per share on November 1st, but investors should be cautious as the company has seen a decline in earnings and a high payout of free cash flow.