Talktalk Telecom Group PLC (TALK) to Issue Dividend of GBX 5.29 on December 16th
Talktalk Telecom Group PLC (LON:TALK) declared a dividend on Tuesday, November 15th. Shareholders of record on Thursday, November 24th will be paid a dividend of GBX 5.29 ($0.07) per share on Friday, December 16th. This represents a yield of 2.78%. The ex-dividend date is Thursday, November 24th. The official announcement can be accessed at this link.
Talktalk Telecom Group PLC (LON:TALK) opened at 166.90 on Wednesday. The stock’s market capitalization is GBX 1.58 billion. Talktalk Telecom Group PLC has a one year low of GBX 159.30 and a one year high of GBX 280.18. The firm has a 50-day moving average of GBX 202.83 and a 200-day moving average of GBX 217.35.
A number of analysts have recently weighed in on TALK shares. Haitong Bank reaffirmed a “sell” rating and issued a GBX 150 ($1.87) price target on shares of Talktalk Telecom Group PLC in a research note on Tuesday, July 26th. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 260 ($3.25) target price on shares of Talktalk Telecom Group PLC in a research note on Wednesday, August 10th. Barclays PLC reissued an “overweight” rating on shares of Talktalk Telecom Group PLC in a research note on Wednesday, August 17th. Deutsche Bank AG reissued a “buy” rating and set a GBX 300 ($3.75) target price on shares of Talktalk Telecom Group PLC in a research note on Tuesday, September 6th. Finally, Macquarie cut their target price on shares of Talktalk Telecom Group PLC from GBX 300 ($3.75) to GBX 290 ($3.62) and set an “outperform” rating for the company in a research note on Monday, October 10th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 233.06 ($2.91).
In other Talktalk Telecom Group PLC news, insider Tristia Harrison sold 116,152 shares of the business’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of GBX 190 ($2.37), for a total value of £220,688.80 ($275,723.14).
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About Talktalk Telecom Group PLC
TalkTalk Telecom Group PLC is a provider of fixed line broadband, voice telephony, mobile and television services. The Company serves over four million residential and business customers under the TalkTalk and TalkTalk Business brands. TalkTalk residential packages offer broadband, phone, television and mobile services.
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