The Telekom Austria Group pursues a conservative financial strategy. Solid investment grade ratings of Baa2 from Moody’s and BBB from Standard & Poor’s are the main priority with regard to ensuring financial flexibility and permanent access to the debt capital markets. This allows the company to act flexibly when making major investments and facing operational challenges.
The Telekom Austria Group’s dividend policy is based on a minimum dividend of EUR 0.05 per share and is aimed at achieving a sustainable pay-out level with the potential to grow. The planned dividend is announced at the start of each financial year. After the end of the financial year, additional payments to the shareholders may be defined depending on the Group’s actual results, taking into account free cash flow as well as the Group’s planned capital structure and investment needs in particular.