Telecom Plus announce a full year dividend maintained at 57p per share

DividendMax Ltd.

Telecom Plus announce a full year dividend maintained at 57p per share

Telecom Plus are proposing a final dividend of 30p (2020: 30p), bringing the total for the year to 57p (2020: 57p), reflecting a strong balance sheet and confidence in the outlook for the coming year. It will be paid on 30 July 2021 to shareholders on the register at the close of business on 9 July 2021 subject to approval by shareholders at the Company's AGM which will be held on 22 July 2021.

Other financial highlights include:

Results in line with expectations

Revenue of £861.2m (2020: £875.8m)

Adjusted profit before tax of £56.1m (2020: £60.8m)

Statutory profit before tax of £43.5m (2020: £48.1m)

Adjusted EPS of 57.4p (2020: 61.8p)

Statutory EPS of 41.5p (2020: 45.9p)

Companies mentioned