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
$4.84 |
Change
0.020(0.41%) |
Mkt cap ! $55.10B | |||
| Open | High | Low | Value | Volume |
| $4.85 | $4.87 | $4.83 | $162.4M | 33.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45234 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.85 | 1738 | 2 |
View Market Depth
| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |