Industry: Communication Services
Sector: Telecommunications service providers
BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.
| Dividend Date: | 13 Sep 2023 (Wed) |
| Ex-Dividend Date: | 3 Aug 2023 (Thu) |
| Dividend Cover | 1.68 x |
| Last Announced/Paid Dividend: | 0.0462p |
| Dividends paid this Year: | 0p |
| Dividend Yield: | 6.70% |
| P/E Ratio: | 6.09 |