Today’s Dividend Action: Can Orange (NYSE:ORAN) truly back claims of $0.14 dividends by Dec 28, 2016?

Today's Dividend Action: Can Orange (NYSE:ORAN) truly back claims of $0.14 dividends by Dec 28, 2016?

Orange (NYSE:ORAN) is expected to pay $0.14 on Dec 28, 2016. The indicated annual dividend is $0.57. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Orange’s current price of $14.39, the dividend is 0.94%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 1, 2016. The stock decreased 0.96% or $0.14 during the last trading session, hitting $14.39. Orange SA (ADR) (NYSE:ORAN) has declined 15.15% since April 26, 2016 and is downtrending. It has underperformed by 20.41% the S&P500.

Orange SA is a telecommunications operator. The company has a market cap of $38.66 billion. The Firm also provides telecommunication services to multinational companies, under the brand Orange Business Services. It has a 14.89 P/E ratio. The Company’s divisions include France, Spain, Poland, Belgium and Luxembourg, Central European countries, Africa and Middle East, Enterprise, and International Carriers & Shared Services.

Orange SA (ADR) (NYSE:ORAN) Ratings Coverage

Out of 6 analysts covering Orange (NYSE:ORAN), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Orange has been the topic of 7 analyst reports since July 21, 2015 according to StockzIntelligence Inc. As per Tuesday, July 19, the company rating was upgraded by Raymond James. On Wednesday, August 26 the stock rating was upgraded by Citigroup to “Neutral”. Deutsche Bank downgraded Orange SA (ADR) (NYSE:ORAN) on Tuesday, July 21 to “Hold” rating. Bank of America downgraded Orange SA (ADR) (NYSE:ORAN) on Wednesday, August 31 to “Neutral” rating. The firm has “Hold” rating given on Monday, April 4 by Deutsche Bank. The firm earned “Hold” rating on Monday, October 3 by HSBC. Credit Suisse upgraded the shares of ORAN in a report on Tuesday, September 27 to “Outperform” rating.

More recent Orange SA (ADR) (NYSE:ORAN) news were published by: Fool.com which released: “Here’s Why Orange SA Is Advancing in Africa at Top Speed” on October 25, 2015. Also Seekingalpha.com published the news titled: “Orange: Value Or Trap?” on December 21, 2013. Benzinga.com‘s news article titled: “Orange Shares Head Higher Following Credit Suisse Upgrade” with publication date: September 27, 2016 was also an interesting one.

ORAN Company Profile

Orange SA, incorporated on January 1, 1991, is a telecommunications operator. The Firm also provides telecommunication services to multinational companies, under the brand Orange Business Services. The Company’s divisions include France, Spain, Poland, Belgium and Luxembourg, Central European countries, Africa and Middle East, Enterprise, and International Carriers & Shared Services. The Firm provides consumers, businesses and other telecommunications operators with a range of services, including fixed telephony and mobile telecommunications, data transmission and other value-added services, mainly in Europe, Africa and the Middle East.

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