TPG Telecom Ltd (ASX:TPM) declared a interim dividend on Friday, June 26th, MarketIndexAU reports. Investors of record on Monday, July 13th will be paid a dividend of 0.49 per share on Monday, July 13th. This represents a yield of 5.51%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a positive change from TPG Telecom’s previous interim dividend of $0.03.
Shares of TPG Telecom stock opened at A$7.29 ($5.17) on Monday. The company has a market cap of $6.76 billion and a price-to-earnings ratio of 24.97. The company’s 50 day moving average is A$7.28 and its 200 day moving average is A$7.29. TPG Telecom has a twelve month low of A$6.04 ($4.28) and a twelve month high of A$9.00 ($6.38). The company has a quick ratio of 0.37, a current ratio of 0.43 and a debt-to-equity ratio of 62.89.
In related news, insider Robert Millner bought 73,049 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was bought at an average cost of A$8.30 ($5.89) per share, with a total value of A$606,160.60 ($429,901.14).
TPG Telecom Limited provides telecommunication services to residential users, small and medium enterprises, government, large corporate enterprises, and wholesale customers in Australia and internationally. The company offers ADSL2+, NBN, fiber optic and Ethernet broadband access, telephony services, Internet protocol television, SIM only mobile plans, and various business networking solutions.
See Also: Net Income
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