AdEPT Telecom plc (LON:ADT) announced a dividend on Wednesday, October 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 15th will be paid a dividend of GBX 4.25 ($0.06) per share on Monday, April 9th. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend is Thursday, March 15th. This is a boost from AdEPT Telecom’s previous dividend of $4.00. The official announcement can be seen at this link.

Shares of AdEPT Telecom (LON ADT) opened at GBX 344.85 ($4.76) on Wednesday. The stock has a market cap of $88.71 and a PE ratio of 2,652.68. AdEPT Telecom has a 1-year low of GBX 256.20 ($3.54) and a 1-year high of GBX 385 ($5.32).

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In related news, insider Christopher Kingsman purchased 129,537 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were purchased at an average price of GBX 305 ($4.21) per share, with a total value of £395,087.85 ($545,852.24). In the last ninety days, insiders have bought 934,537 shares of company stock worth $284,933,785.

Separately, Northland Securities reaffirmed a “buy” rating and set a GBX 400 ($5.53) price target on shares of AdEPT Telecom in a report on Thursday, November 23rd.

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AdEPT Telecom Company Profile

AdEPT Telecom plc is engaged in providing managed services for information technology (IT), unified communications, connectivity and voice to over 100 Councils, NHS Trusts and other government bodies. The Company’s segments are fixed line services (being calls and line rental services) and managed services (which are data connectivity, hardware services, IP telephony, support and maintenance services).

Dividend History for AdEPT Telecom (LON:ADT)

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