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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$3.93 |
Change
0.020(0.51%) |
Mkt cap ! $45.40B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.93 | $3.90 | $133.6M | 34.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 486481 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 76101 | 8 |
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