The market has been holding TLS mainly for the franked dividend - which has been rather generous
Taking it back to 22cps @ todays value still returns a healthy 5.71% fully franked dividend and is more in line with the other dividend stocks such as NAB, CBA etc.
The market will decide if they will hold the "institution" - TLS will have to reinvent itself in the process
Where to now for long term investors of Telstra, page-51
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Last
$3.92 |
Change
-0.030(0.76%) |
Mkt cap ! $45.29B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $3.95 | $3.90 | $69.01M | 17.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2108 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 282151 | 15 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |