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Deutsche Telekom lifts its 2026 earnings target and plans a higher dividend after a stronger third quarter

Reuters reports the company now expects adjusted EBITDA AL of around €47.6bn, citing higher expectations at T-Mobile US, and a dividend of €1.10 per share.

Deutsche Telekom raised its full-year targets after higher third-quarter revenue and profit, and plans to pay a higher dividend. Reuters reports it now expects 2026 adjusted EBITDA AL of around €47.6bn, up from around €47.5bn, citing higher expectations at T-Mobile US.

The raise itself looks modest. The dividend is the clearer signal to shareholders. Reuters reports a planned payout of €1.10 per share for 2026, up 10% from €1.00 for 2025, and attributes the plan to the company.

The quarter was ahead of the bar. A summary of the results by rallies.ai puts third-quarter adjusted EBITDA AL at €12.2bn, against €11.1bn a year earlier and an analyst consensus of €11.9bn supplied by the company.

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