Telstra intends to pay 28c/share fully franked dividend in 2011/2012 and 2012/2013.
That's why Criterion (Tim Boreham)in the Australian is saying buying the stock is as close to a "no brainer" as you'll get.
http://www.theaustralian.com.au/business/opinion/telstra-dividend-the-main-appeal/story-e6frg9lo-1226169585952
I tend to agree when you can borrow funds secured against property for as low as 5.99% pa for 3 years (Newcastle Permanent) or 6.33% for 3 years fixed with CBA.
9% fully franked yield
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$3.66 |
Change
0.050(1.39%) |
Mkt cap ! $42.28B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.66 | $3.60 | $194.6M | 52.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 106561 | $3.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.66 | 1245826 | 24 |
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