Monday, 20 November 2017

TalkTalk cuts dividends as full year revenue slips

By Nick Wood, Total Telecom
Wednesday 10 May 17

U.K. telco returns to retail customer growth in fiscal fourth quarter.

TalkTalk on Wednesday slashed dividends after reporting a 3% decline in fiscal 2017 revenue. The U.K. telco will pay a final dividend of 5 pence per share, compared to 10.58p a year ago, reducing the total dividend for the year ended 31 March to 10.29p versus 15.87p in fiscal 2016. For the year ahead, TalkTalk plans to lower the dividend further to 7…

TalkTalk on Wednesday slashed dividends after reporting a 3% decline in fiscal 2017 revenue. The U.K. telco will pay a final dividend of 5 pence per share, compared to 10.58p a year ago, reducing the total dividend for the year ended 31 March to 10.29p versus 15.87p in fiscal 2016. For the year ahead, TalkTalk plans to lower the dividend further to 7…

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