Talktalk Telecom Group PLC (LON:TALK) insider Charles W. Dunstone acquired 1,000,000 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were bought at an average cost of GBX 86 ($1.06) per share, with a total value of £860,000 ($1,058,331.28).
Shares of TALK opened at GBX 87.05 ($1.07) on Wednesday. The company has a market capitalization of $997.83 million and a price-to-earnings ratio of 6.59. Talktalk Telecom Group PLC has a 52-week low of GBX 67.20 ($0.83) and a 52-week high of GBX 125.50 ($1.54). The company has a quick ratio of 0.47, a current ratio of 0.57 and a debt-to-equity ratio of 248.77. The stock has a 50 day moving average price of GBX 90.10 and a 200 day moving average price of GBX 99.69.
The business also recently disclosed a dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be given a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 1.58%. The ex-dividend date is Thursday, July 9th. This is an increase from Talktalk Telecom Group’s previous dividend of $1.00. Talktalk Telecom Group’s payout ratio is currently 22.73%.
About Talktalk Telecom Group
TalkTalk Telecom Group PLC provides fixed line, TV, and mobile telecommunications services for residential, retail, and business customers in the United Kingdom. It offers landline, broadband, fiber, TV, and mobile services, including fixed price plans and unlimited broadband usage, as well as HomeSafe, a network-based security and filtering system.
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