Stuart Burnett Acquires 156 Shares of Telecom Plus Plc (LON:TEP) Stock

Telecom Plus Plc (LON:TEP) insider Stuart Burnett bought 156 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was acquired at an average price of GBX 1,772 ($23.17) per share, for a total transaction of £2,764.32 ($3,614.91).

Telecom Plus Trading Up 1.1 %

Telecom Plus stock opened at GBX 1,778 ($23.25) on Friday. The firm has a market cap of £1.40 billion, a price-to-earnings ratio of 1,997.75, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57. Telecom Plus Plc has a 1 year low of GBX 1,356 ($17.73) and a 1 year high of GBX 1,932 ($25.26). The firm’s 50 day moving average price is GBX 1,811.30 and its two-hundred day moving average price is GBX 1,739.05. The company has a debt-to-equity ratio of 77.52, a quick ratio of 1.29 and a current ratio of 1.77.

Telecom Plus Increases Dividend

The business also recently announced a dividend, which was paid on Friday, August 23rd. Investors of record on Thursday, August 1st were issued a GBX 47 ($0.61) dividend. This represents a dividend yield of 2.51%. This is a boost from Telecom Plus’s previous dividend of $36.00. The ex-dividend date of this dividend was Thursday, August 1st. Telecom Plus’s payout ratio is presently 9,325.84%.

Telecom Plus Company Profile

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 and boiler cover, and cashback card services under the Utility Warehouse and TML brands.