Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance, boiler cover, and cashback card services under the Utility Warehouse and TML brands. The company was incorporated in 1996 and is based in London, the United Kingdom.
Telecom Plus Price Performance
Shares of TEP traded up GBX 35 ($0.42) during mid-day trading on Thursday, hitting GBX 2,125 ($25.68). 55,462 shares of the company traded hands, compared to its average volume of 115,206. The stock has a market capitalization of £1.69 billion and a price-to-earnings ratio of 4,722.22. Telecom Plus has a one year low of GBX 993.65 ($12.01) and a one year high of GBX 2,265 ($27.37). The company has a current ratio of 1.52, a quick ratio of 1.35 and a debt-to-equity ratio of 48.64. The business has a 50-day moving average of GBX 2,036.07 and a 200 day moving average of GBX 1,711.89.
Telecom Plus Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, August 5th. Shareholders of record on Thursday, July 14th were issued a GBX 30 ($0.36) dividend. This is an increase from Telecom Plus's previous dividend of $27.00. This represents a dividend yield of 1.57%. The ex-dividend date was Thursday, July 14th. Telecom Plus's dividend payout ratio is 126.67%.