0609 GMT - Zegona Communications' underlying cash flow growth could support a new payout policy, Berenberg analysts write in a note. The U.K. telecommunications company now has strong underlying cash flow growth with a 9% cash yield this year, the analysts say. They estimate this will reach 13% by 2030. "The potential payout of all of the company's cash flow via dividends and buybacks under a new payout policy could be announced this month," they add.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.