Telecom plus PLC (LON:TEP) was up 10.1% during mid-day trading on Wednesday following a dividend announcement from the company. The stock traded as high as GBX 1,328 ($17.35) and last traded at GBX 1,324 ($17.30). Approximately 355,722 shares traded hands during trading, an increase of 429% from the average daily volume of 67,307 shares. The stock had previously closed at GBX 1,202 ($15.71).

The newly announced dividend which will be paid on Friday, December 14th. Investors of record on Thursday, November 29th will be paid a GBX 25 ($0.33) dividend. The ex-dividend date is Thursday, November 29th. This represents a yield of 1.89%.

Separately, Peel Hunt reissued an “add” rating on shares of Telecom plus in a research note on Monday, July 30th.

TRADEMARK VIOLATION NOTICE: This news story was first reported by Daily Political and is the property of of Daily Political. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this news story can be read at

About Telecom plus (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.

See Also: Outstanding Shares and The Effect on Share Price

Receive News & Ratings for Telecom plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telecom plus and related companies with's FREE daily email newsletter.