The T-Share
|
|
|
|
|
|
2020 |
2019 |
|---|---|---|---|
XETRA closing prices |
|
|
|
Share price on the last trading day |
€ |
14.96 |
14.57 |
Year high |
€ |
16.63 |
16.25 |
Year low |
€ |
10.83 |
14.10 |
Trading volume |
|
|
|
German exchanges |
billions of shares |
3.4 |
2.5 |
Market capitalization on the last trading day |
billions of € |
71.2 |
69.4 |
Weighting of the T-Share in major stock indexes on the last trading day |
|
|
|
DAX 30 |
% |
4.5 |
4.5 |
Dow Jones EURO STOXX 50® |
% |
1.9 |
1.8 |
T-Share – key figures |
|
|
|
Earnings per share |
€ |
0.88 |
0.82 |
Proposed dividend |
€ |
0.60 |
0.60 |
Number of shares issued |
millions, at year-end |
4,761 |
4,761 |
Development of international indexes
After substantial rises in 2019, the international indexes saw rather subdued trends overall in 2020. The overriding issue for the stock markets was the impact of the coronavirus pandemic on the global economy.
The most important barometer of the German stock market, the DAX, rose by 3.5 % over the course of the trading year. By contrast, the Dow Jones closed out the year with a loss of 1.6 % on a total return basis, i.e., including reinvested dividends.
The Dow Jones EURO STOXX 50® was somewhat weaker than the Dow Jones, down 3.2 % at the close of 2020. The Japanese Nikkei, however, proved rather strong and closed out the year up 11.5 %.
T-Share performance
The restrained environment similarly prevailed in the European telecommunications sector: the impact of the pandemic was also the predominant issue in the telecommunications sector. The industry’s barometer, the Dow Jones STOXX® Europe 600 Telecommunications, fell 12.7 % in the course of the stock market year.
In this environment, the T-Share closed the year at EUR 14.96, up by 2.6 %. The lowest price recorded during the year was EUR 10.83 on March 18, 2020, while the highest price of EUR 16.63 was recorded on February 20, 2020.
On a total return basis – and thus comparable with the DAX – our share ended the year 2020 up 6.8 %.
Dividend
The Board of Management and Supervisory Board of Deutsche Telekom AG will propose to this year’s shareholders’ meeting, to be held on April 1, 2021, the distribution of a dividend of EUR 0.60 per dividend-bearing share.
T-Share as compared to DAX, Dow Jones EURO STOXX 50®, and Dow Jones STOXX® Europe 600 Telecommunications
January 1 to December 31, 2020 (based on total shareholder returna)
T-Share as compared to other European telecommunications companies
January 1 to December 31, 2020 (based on total shareholder returna)
Shareholder structure
The Federal Republic’s shareholding, including that of Kreditanstalt für Wiederaufbau (KfW), remains unchanged at 31.9 %. The proportion of institutional investors decreased slightly, to 50.5 %, while the share of retail investors increased to 17.6 %. As a result, the percentage of shares in free float remains at around 68 % of the share capital.
Shareholder structure
% (as of December 31, 2020)
Geographical distribution of free float
% (as of December 31, 2020)
