Make your money go further for just 25p per day

PREMIUM

Income Boosters: High returns should reward patient shareholders

Income Boosters logo

We have updates from two of our Income Boosters this week, both of which have delivered stable performances in tough trading conditions.


Telecom Plus: Solid results

Utility reseller Telecom Plus (LON:TEP) has reported a solid set of results after a difficult year. Revenue for the 12 months to 31 March fell by 2% to £861m, largely due to lower energy prices. Adjusted pre-tax profit dropped 8% to £56m, as higher costs in areas such as IT put additional pressure on margins. The dividend was held unchanged at 57p.

Telecom Plus's customer brand Utility Warehouse doesn't spend…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

Have your say

Log in or register to view or add comments.

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Close Brothers Group

Income Boosters: April 23 portfolio update

14/04/2023 · Portfolio

Our high dividend Income Boosters portfolio generated a market-beating income in the first quarter of 2023 and is…


Income Boosters: 9%+ yields on offer

24/03/2023 · Portfolio

In this portfolio update we cover results from five of our income stocks, including a 10%…


More on Telecom Plus

Income Boosters: April 23 portfolio update

14/04/2023 · Portfolio

Our high dividend Income Boosters portfolio generated a market-beating income in the first quarter of 2023 and is…


Income Boosters: 2022 portfolio review

06/01/2023 · Portfolio

Our high yield portfolio is on track to deliver a 5.9% dividend yield in 2023, substantially…


More Portfolio

Microsoft and Novo Nordisk shine for the Mega-Trends Portfolio

01/06/2023 · Cameco · Microsoft · Novo Nordisk

Data wars underpin AI Wars

Income Boosters: 9% dividend yield plus a new stock

Sign-up to our free email updates

SIGN UP