Deutsche Telekom: Shares on the rise – what’s behind it?
The Deutsche Telekom share recorded price gains on March 8, 2025. Analysts expect high dividends and positive EPS forecasts.

Deutsche Telekom: Shares on the rise – what’s behind it?
On Friday afternoon, March 7, 2025, Deutsche Telekom shares were among the best performers of the day. In XETRA trading, the share traded with profits and achieved an increase of 0.9 percent to EUR 33.35. The daily high was EUR 33.52, which was reached at 11:48 a.m., while the opening price was EUR 33.38. The daily turnover was 2,660,892 shares.
In the last 52 weeks, Deutsche Telekom shares reached a high of EUR 35.91 on March 3, 2025 and are currently 7.68 percent lower. The 52-week low was recorded at EUR 20.73 on April 18, 2024, which shows that the current price is 60.88 percent above this low. A forecast dividend of EUR 1.01 is planned for 2023; in the previous year this was EUR 0.90. Analysts indicate an average price target of EUR 38.64, and the EPS for the quarter ended December 31, 2024 is EUR 0.85, after EUR -0.21 in the same quarter last year. The company's revenue in the last quarter was EUR 30.93 billion, an increase of 5.32 percent compared to the same period last year. Financial results for the first quarter of 2025 will be released on May 15, 2025, while results for the first quarter of 2026 are expected on May 7, 2026.
Deutsche Telekom's dividend policy
Deutsche Telekom offers its shareholders a high dividend yield and has been a member of the DivDAX since 2005, an index that includes the 15 DAX stocks with the highest dividend yields. A dividend of EUR 0.90 per share is proposed for the 2024 financial year, provided this is approved by the general meeting and there are no other legal obstacles. This distribution is scheduled to take place after the general meeting in April 2025 and is tax-free for shareholders in Germany. The board also plans to buy back shares worth up to EUR 2 billion in 2024 to offset the dilutive effect of a capital increase in 2021, and announced a further share buyback of up to EUR 2 billion for 2025.
Deutsche Telekom's dividend policy calls for paying out 40 to 60 percent of adjusted sustainable earnings per share (EPS) annually. Analysts forecast the following dividends and EPS for the coming years: for the fourth quarter of 2024, an EPS of EUR 0.45 with a dividend of EUR 0.90 is expected, for the full year 2025 an EPS of EUR 1.87 with a dividend of EUR 1.00 is forecast, and for 2026 there are EUR 2.10 EPS and a EUR 1.13 dividend. These dividend payments are paid out from the tax contribution account in accordance with Section 27 of the Corporation Tax Act without deduction of capital gains tax or solidarity surcharge. For the 2023 financial year, the dividend was EUR 0.77 per share, which corresponds to 48 percent of the adjusted EPS of EUR 1.60.