Cellnex Telecom, S.A. (OTCMKTS:CLLNY) to Issue $0.02 Dividend

Cellnex Telecom, S.A. (OTCMKTS:CLLNYGet Free Report) declared a dividend on Tuesday, November 14th, NASDAQ reports. Investors of record on Friday, November 24th will be given a dividend of 0.019 per share on Friday, December 8th. The ex-dividend date is Wednesday, November 22nd.

Cellnex Telecom Price Performance

CLLNY stock opened at $17.75 on Wednesday. The firm has a 50 day simple moving average of $16.54 and a two-hundred day simple moving average of $18.77. Cellnex Telecom has a one year low of $13.69 and a one year high of $22.00.

Analyst Ratings Changes

Separately, Barclays lowered shares of Cellnex Telecom from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 4th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $58.00.

Read Our Latest Research Report on CLLNY

About Cellnex Telecom

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Cellnex Telecom SA engages in the operation of wireless telecommunications and broadcasting infrastructures. Its business activities include rental of sites for telecom operators, broadcast infrastructure activity, and other network services. It operates through the following segments: Telecom Infrastructure Services, Broadcasting Infrastructure and Other Network Services.

Further Reading

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