TLS 0.26% $3.87 telstra group limited

$ 4.00, page-7

  1. 3,412 Posts.
    the forward dividend yield A few people, including one report in the media, appear to assume that the forward dividend yield will be 7% based on 28 cents a share. Read the following from yesterday's announcement:


    "Telstra canceled the third year of its A$1.5 billion annual capital return plan and will cap its dividend at 28 cents a share for the next three years. "


    Cap means maximum. It might be below that, depending on cash flows.
 
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