TIM Dividend Insights: Key Details Before May 23, 2025, Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Monday, May 19, 2025 7:11 pm ET1min read
TIMB--
TIM S.A. (TIMB) has announced a cash dividend of $0.109 per share, with an ex-dividend date set for May 23, 2025, and a payment date on Jul 30, 2025. This dividend is notably lower than the average of the last 10 dividends, which stands at $0.146 per share. Previously, on Apr 29, 2025, the company issued a cash dividend of $0.072 per share. The announcement for the upcoming dividend was made on May 6, 2025. Shareholders anticipating the dividend should note these details as the ex-dividend date approaches.

Recently, TIMTIMB-- S.A. (NYSE:TIMB) has achieved a new 52-week high in its stock price, trading up to $17.83. The positive momentum is indicative of strong investor confidence and interest in the company. Over the past week, TIM reported a 4.9% year-over-year revenue growth for Q1, primarily driven by its mobile services sector. However, the company faces challenges due to seasonal fluctuations and market conditions, which might affect its short-term performance. Additionally, a strategic shift has been observed with Schonfeld Strategic Advisors LLC acquiring a new stake in TIM, suggesting a potential vote of confidence in the company's future prospects. This development, coupled with Barclays' recent increase in the price target for TIM to $17.50, underscores the growing optimism surrounding TIM's market position and financial health.

In conclusion, TIM S.A. is in a phase of dynamic growth, marked by positive revenue trends and strategic investments. Investors should pay attention to the ex-dividend date on May 23, 2025, as it marks the last opportunity to purchase shares in order to receive the declared dividend. Any acquisitions made after this date will not be eligible for this dividend cycle.

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