I agree. Penn and the board would get so badly trashed if they dropped the dividend further. I think the 11cents is safe for the next two dividends.
As we approach dividend end of Feb I bet the share price sees strength a bit knowing there’s 11 cents fully franked coming. Should help keep TLS to the $3 mark in my view.
Where to now for long term investors of Telstra, page-5634
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Last
$3.94 |
Change
0.030(0.77%) |
Mkt cap ! $45.52B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.95 | $3.90 | $77.32M | 19.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 70362 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 234589 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |