Telecom plus PLC (TEP) Declares Dividend of GBX 24

Telecom plus PLC (LON:TEP) announced a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 30th will be paid a dividend of GBX 24 ($0.32) per share on Friday, December 15th. This represents a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, November 30th. The official announcement can be seen at this link.

Telecom plus (TEP) traded up GBX 43.43 ($0.58) during mid-day trading on Wednesday, reaching GBX 1,206.43 ($16.16). The company’s stock had a trading volume of 100,129 shares, compared to its average volume of 98,692. Telecom plus has a 1 year low of GBX 1,035 ($13.86) and a 1 year high of GBX 1,342 ($17.97).

A number of research firms have issued reports on TEP. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 1,350 ($18.08) price target on shares of Telecom plus in a research report on Wednesday, November 22nd. FinnCap reissued a “buy” rating and set a GBX 1,390 ($18.62) price target on shares of Telecom plus in a research report on Tuesday, November 21st. Peel Hunt reissued an “add” rating and set a GBX 1,360 ($18.21) price target on shares of Telecom plus in a research report on Monday, November 20th. Royal Bank Of Canada raised Telecom plus to an “outperform” rating and boosted their price target for the company from GBX 1,050 ($14.06) to GBX 1,400 ($18.75) in a research report on Monday, October 9th. Finally, Macquarie boosted their price target on Telecom plus from GBX 1,380 ($18.48) to GBX 1,435 ($19.22) and gave the company an “outperform” rating in a research report on Friday, September 8th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,322.50 ($17.71).

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About Telecom plus

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.

Dividend History for Telecom plus (LON:TEP)

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