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.....
Where to now for long term investors of Telstra, page-157
-
- There are more pages in this discussion • 12,594 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.92 |
Change
-0.030(0.76%) |
Mkt cap ! $45.29B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.94 | $3.90 | $79.14M | 20.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11833 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 408977 | 7 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |