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Incorporated in 1991, and is headquartered in Budapest, Hungary. Magyar Telekom (MYTAY) operates as a subsidiary of Deutsche Telekom Europe B.V.

It operates in two segments: MT-Hungary and North Macedonia.

 MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia.

The company receives a majority of its revenue from Hungary.

Three key data points gauge Magyar Telekom or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also show if any company has made, is making, and will make money.

MYTAY Price

Magyar Telekom’s share price increased about 12% in the past year from $14.78 to $25.12 as of Friday’s closing price.

MYTAY Dividends

Magyar Telekom has paid annual dividends since June 2008. The current forward looking annual dividend of $1.41 yields 5.61% per Friday’s $25.12  closing price.

MYTAY Returns

Putting it all together, a $5.13 estimated gross gain per share shows up when adding Magyar Telekom’s annual $1.41 dividend to an estimated $3.72 average 5 year annual price gain, totaling that $5.13 gross gain.

A little over $1000 invested at the recent $25.12 price would buy 40 shares which, multiplies the $5.13 gross gain to $205.20.

Furthermore, about 27% of that $205 gain comes from the $56.10 in dividends generated from your $1,000 investment, and the $56.10 amounts to about 2.25 times more then the recent $25.12 single-share price.

(A dividend dogcatcher rule is to buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on Magyar Telekom and its 5.6% dividend yield along with its 17-year dividend record.

The exact track of MYTAY future prices and dividends will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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