TALKTALK TELECO/ADR (OTCMKTS:TKTCY) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of TALKTALK TELECO/ADR (OTCMKTS:TKTCY) from a sell rating to a hold rating in a research note issued to investors on Saturday morning, Zacks.com reports.

According to Zacks, “TalkTalk Telecom Group PLC is engaged in the business of fixed line voice and broadband telecommunications in the UK. The Company offers voice telephony, including line rental, calls, and added value services, such as voicemail; broadband Internet access services comprising email; and dial-up Internet access services to residential customers under the TalkTalk and AOL brand names. It also offers voice, data services, telephony systems, and mobile services, as well as information technology networking and security services to business customers under the Opal brand name. TalkTalk Telecom Group PLC is headquartered in London, the United Kingdom. “

OTCMKTS:TKTCY opened at $6.80 on Friday. The stock has a 50-day moving average of $6.80. TALKTALK TELECO/ADR has a 12 month low of $6.80 and a 12 month high of $15.05.

The business also recently announced a Semi-Annual dividend, which will be paid on Monday, August 19th. Stockholders of record on Friday, July 5th will be given a $0.084 dividend. This is a boost from TALKTALK TELECO/ADR’s previous Semi-Annual dividend of $0.06. The ex-dividend date of this dividend is Wednesday, July 3rd. TALKTALK TELECO/ADR’s dividend payout ratio (DPR) is currently 141.67%.

TALKTALK TELECO/ADR Company Profile

TalkTalk Telecom Group PLC provides fixed line, TV, and mobile telecommunications services. 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. The company also provides various business-grade communications products and services, including Internet access, data, voice, and mobile.

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