TLS 2.81% $3.81 telstra group limited

6.7% Dividends, page-54

  1. 1,819 Posts.
    lightbulb Created with Sketch. 22
    As an income investor, to circumvent all of the above, I have done the following :-

    1) estimated my near future dividend payouts to be at only 12 cps every half-year. At 13 cps, the full yield (incl of the frankings) will still give me a reasonable yield of 7.4% at my Buy price of $4.6525.

    Based on what I have, I have never seen TLS giving anything less than 28 cps since listing in 2007. I stand open to corrections.

    2) prepare funds to always buy lower, should the price drops and drops. Assumption is, TLS will NEVER go into liquidation.
 
watchlist Created with Sketch. Add TLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.