Telecom Plus Plc (LON:TEP) Insider Charles Wigoder Purchases 200,000 Shares

Telecom Plus Plc (LON:TEP) insider Charles Wigoder bought 200,000 shares of Telecom Plus stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of GBX 1,770 ($22.43) per share, for a total transaction of £3,540,000 ($4,485,554.99).

Telecom Plus Stock Up 2.6 %

Shares of LON TEP opened at GBX 1,830 ($23.19) on Wednesday. The company has a market capitalization of £1.45 billion, a P/E ratio of 2,056.18, a P/E/G ratio of 2.86 and a beta of 0.57. The company has a debt-to-equity ratio of 77.52, a current ratio of 1.77 and a quick ratio of 1.29. The company has a 50 day simple moving average of GBX 1,766.26 and a 200-day simple moving average of GBX 1,798.46. Telecom Plus Plc has a 1 year low of GBX 1,356 ($17.18) and a 1 year high of GBX 1,932 ($24.48).

Telecom Plus Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, December 5th will be paid a dividend of GBX 37 ($0.47) per share. The ex-dividend date is Thursday, December 5th. This represents a yield of 2.1%. Telecom Plus’s dividend payout ratio (DPR) is 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.