SmarterDividends
TMUS

T-Mobile US, Inc.

TMUS

Communication Services · Telecom Services · Stock · quarterly payer

$159.10

Undervalued · +27% Add to Portfolio

Forward Yield

2.94%

Annual Dividend

$4.68

Payout Ratio

41%

5-Yr Growth

—

Ex-Date

Nov 25, 2026

Frequency

Quarterly

Key facts about TMUS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, T-Mobile US, Inc. (TMUS) has a forward dividend yield of 2.94%, based on an annual dividend of $4.68 per share and a share price of $159.10.
  • As of Oct 19, 2026, TMUS's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, T-Mobile US, Inc. (TMUS) has raised its dividend for 2 consecutive years as of Oct 19, 2026.
  • TMUS has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TMUS's next ex-dividend date is Nov 25, 2026, with payment on Dec 10, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 19, 2026, TMUS pays out 41% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 19, 2026, TMUS's 2.94% yield is 153% above its five-year average yield of 1.16%.
  • As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for TMUS is $202.40 per share, 27% above the $159.10 share price, so TMUS screens as undervalued.
  • T-Mobile US, Inc. (TMUS) pays its dividend quarterly, 4 times a year.
  • T-Mobile US, Inc. (TMUS) has raised its regular dividend 2 times and cut it 0 times across the 13 payments on record since 2013. Its most recent change was a 15.9% increase to $1.02 per share, going ex-dividend on Nov 26, 2025.
Cite this page

SmarterDividends, "TMUS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/TMUS

Summary

As of Oct 19, 2026, T-Mobile US, Inc. (TMUS) yields 2.94% ($4.68 a year per share), has a dividend safety grade of C (62/100) and has 2 consecutive years of dividend increases on record.

Is TMUS a good dividend stock?

Yes, with caveats

T-Mobile US, Inc. (TMUS) pays a quarterly dividend yielding 2.94% ($4.68/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (41%)
  • 46% total price return over 5 years

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.94%
Payout Ratio
41%
Annual Dividend
$4.68
5-Yr Avg Growth
—
Ex-Dividend Date
Nov 25, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.32
Market Cap
$170.7B
P/E Ratio
16.6
5-Yr Total Return
46%
52-Week Range
$147.90 – $230.54
Dividend Safety
C · 62/100
Ever Cut?
No

TMUS dividend raises and cuts

T-Mobile US, Inc. (TMUS) has raised its regular dividend 2 times and cut it 0 times across the 13 payments on record since 2013. Its most recent change was a 15.9% increase to $1.02 per share, going ex-dividend on Nov 26, 2025.

Ex-dateChangeOld → newMove
Nov 26, 2025Raise$0.880 → $1.02+15.9%
Nov 27, 2024Raise$0.650 → $0.880+35.4%
Every TMUS payment →Download every raise and cut (CSV)
TMUS ex-dividend date & scheduleNext ex-date Nov 25, 2026 · full ex-dividend historyView →TMUS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TMUS a good dividend stock?

Yes, with caveats. T-Mobile US, Inc. (TMUS) pays a quarterly dividend yielding 2.94% ($4.68/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is TMUS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TMUS's fair value is about $202.40 versus a $159.10 share price — so it looks undervalued (+27% vs. fair value).

Is TMUS's dividend safe?

TMUS has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is TMUS's fair value?

Our blended fair-value estimate for TMUS is about $202.40 per share, roughly 27% above the current $159.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TMUS a buy, hold, or sell?

We don't issue formal ratings, but on the data TMUS screens as "yes, with caveats" and undervalued. T-Mobile US, Inc. (TMUS) pays a quarterly dividend yielding 2.94% ($4.68/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will TMUS cut its dividend?

TMUS earns a dividend-safety grade of C (62/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TMUS pay a dividend?

Yes. T-Mobile US, Inc. pays a quarterly dividend of about $4.68 per share annually, a forward yield of roughly 2.94%.

What is TMUS's dividend yield?

As of Oct 19, 2026, TMUS's forward dividend yield is 2.94%, based on a $4.68 annual dividend and a $159.10 share price.

What is TMUS's dividend per share?

As of Oct 19, 2026, TMUS pays $4.68 per share per year, distributed on a quarterly basis.

What is TMUS's dividend payout ratio?

As of Oct 19, 2026, TMUS's payout ratio is 41% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has TMUS grown its dividend?

As of Oct 19, 2026, TMUS has increased its dividend for 2 consecutive years.

When is the next TMUS ex-dividend date?

As of Oct 19, 2026, the next ex-dividend date on record for TMUS is Nov 25, 2026.

Income Calculator

At $4.68 / yr per share

Per payment (quarterly)$117.00
Annual$468.00
Monthly avg$39.00

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