This morning Adept Telecom announced that a trebling of dividend for the year from 0.5p last year up to 1.5p for the year ending 31st March 2013.
Ian Fishwick CEO said, “We are delighted to announce a trebling of our dividend and will continue to review our dividend policy going forward. AdEPT Telecom plc is a highly cash-generative business and we are confident that our business model with high recurring revenues and minimal capital expenditure will continue as we broaden our product portfolio. We’d like to say a huge thank you to all of our staff who’s hard work made this possible.”
AdEPT Telecom plc is listed on the London Stock Exchange AIM market – ticker code ADT