Telecom plus (TEP) Hits New 1-Year High at $1,506.00

Telecom plus PLC (LON:TEP) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,506 ($19.68) and last traded at GBX 1,506 ($19.68), with a volume of 97500 shares trading hands. The stock had previously closed at GBX 1,470 ($19.21).

Separately, Peel Hunt reaffirmed a “buy” rating on shares of Telecom plus in a report on Monday, November 26th.

The business also recently announced a dividend, which was paid on Friday, December 14th. Stockholders of record on Thursday, November 29th were issued a dividend of GBX 25 ($0.33) per share. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend was Thursday, November 29th.

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Telecom plus Company Profile (LON:TEP)

Telecom Plus PLC provides a range of utility services to residential and small business customers in the United Kingdom. The company operates in two segments, Customer Acquisition and Customer Management. The Customer Acquisition segment sells a range of equipment, such as mobile phone handsets and wireless Internet routers.

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