The former government-owned telecom utility is now into offering a full compliment of fixed-line, broadband, mobile and Television products and services.
It delivers these services through six business groups: Global Services, Business and Public Sector, Consumer, EE, Wholesale and Ventures and Openreach.
The company was incorporated in 2001 and is headquartered in London. Fewer than a dozen players indirectly control the global communications market. In many countries the market is increasingly reaching maturity resulting in slower growth.
However, this still leaves half of the worlds population either un-served or under served. This is especially accurate when consideration is given to mobile and Internet services.
The amount of capital required to enter, compete and operate in this arena is great and is almost always influenced by government regulation. So the big are likely to get even bigger. BT Group has a long history paying a semi-annual dividend. The current payout of $0.96 offers investors a 3.6% yield.
For a utility, BT's payout has been more volatile than average. The current payout is nearly 50% greater than 2009 but 45% below peak 2014 levels. The current payout ratio is a moderate 42% of EPS and 40% of Free Cash Flow, which is supportive of the current dividend payment.
Here are more details from the company and it's dividend history....
