I guess you're right.
I've fallen for the trap of buying for the dividend before. Effective price for buying now is $3.85 - grossed up dividend (if selling within 12 months) = 3.63 hence yield approx 8.6% grossed up at 22c divi. It's not just a matter of whether the price will fall below $3.63 ex-div - it's whether to throw more money at Telstra!
Of course the downtrend since Feb 2015 continues and there's no sign of a reversal.....
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Last
$4.89 |
Change
0.010(0.20%) |
Mkt cap ! $55.72B | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.90 | $4.87 | $8.455M | 1.729M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 478958 | $4.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.90 | 119453 | 8 |
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| Last trade - 10.14am 18/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |