Telecom plus PLC (TEP) to Issue GBX 23 Dividend
Telecom plus PLC (LON:TEP) declared a dividend on Tuesday, November 22nd. Investors of record on Thursday, December 1st will be given a dividend of GBX 23 ($0.29) per share on Friday, December 16th. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, December 1st. The official announcement can be viewed at this link.
Telecom plus PLC (LON:TEP) traded up 1.33% on Tuesday, hitting GBX 1220.00. 136,064 shares of the company were exchanged. The stock’s market capitalization is GBX 976.04 million. The stock’s 50-day moving average price is GBX 1,165.05 and its 200-day moving average price is GBX 1,071.49. Telecom plus PLC has a 52-week low of GBX 799.89 and a 52-week high of GBX 1,260.00.
A number of equities research analysts recently commented on the company. FinnCap reaffirmed a “buy” rating and set a GBX 1,230 ($15.37) target price on shares of Telecom plus PLC in a report on Monday. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,300 ($16.24) target price (up previously from GBX 1,225 ($15.30)) on shares of Telecom plus PLC in a report on Friday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,168 ($14.59).
Telecom plus PLC Company Profile
Telecom Plus PLC is engaged in providing landline telephony (calls and line rental), broadband, mobile, gas, electricity and CashBack card services. The Company’s segments include Customer Acquisition and Customer Management. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers.
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