Telecom plus PLC Plans Dividend of GBX 27 (LON:TEP)

Telecom plus PLC (LON:TEP) declared a dividend on Tuesday, November 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 27 ($0.35) per share on Friday, December 13th. This represents a yield of 2.03%. The ex-dividend date of this dividend is Thursday, November 28th. The official announcement can be accessed at this link.

TEP stock opened at GBX 1,325.68 ($17.32) on Wednesday. The company has a market capitalization of $1.04 billion and a P/E ratio of 31.34. Telecom plus has a twelve month low of GBX 1,094 ($14.30) and a twelve month high of GBX 1,542 ($20.15). The business has a 50 day simple moving average of GBX 1,229.42 and a 200-day simple moving average of GBX 1,318.42. The company has a current ratio of 1.33, a quick ratio of 1.23 and a debt-to-equity ratio of 27.20.

Several research firms have recently weighed in on TEP. Peel Hunt reissued a “buy” rating on shares of Telecom plus in a report on Tuesday, November 19th. JPMorgan Chase & Co. decreased their price objective on Telecom plus from GBX 1,500 ($19.60) to GBX 1,450 ($18.95) and set a “neutral” rating for the company in a report on Wednesday, November 20th.

Telecom plus Company Profile

Telecom Plus PLC provides a range of utility services to residential and small business customers in the United Kingdom. The company operates in two segments, Customer Acquisition and Customer Management. The Customer Acquisition segment sells a range of equipment, such as mobile phone handsets and wireless Internet routers.

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Dividend History for Telecom plus (LON:TEP)

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