Telstra’s dividend is critical to its share price. Imo, if Telstra can maintain its current gross dividend of $0.21 (net $0.16), the gross yield is around 7%. It is hard to find such attractive yield in the current market. Hence, my guess is share price will go higher once investors realise that this boring company is a hidden gem. Income from term deposits is below 1% pa.
Where to now for long term investors of Telstra, page-10628
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Last
$3.85 |
Change
0.050(1.32%) |
Mkt cap ! $44.48B | |||
| Open | High | Low | Value | Volume |
| $3.80 | $3.87 | $3.79 | $98.34M | 25.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 31702 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 63648 | 2 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |