re: Ann: Appendix 4E / Full Year Statutory Ac... PA,
The free cash flow came in above guidance at $4.7B, with guidance for FY 2010 at $6B, which may see the Dividend increased next year..
Telstra's dividend policy has always been that they decide at the time of reporting what the Divi will be and do not give advance guidance on it.. Suffice to say that they made an exception before T3, due to the Governments insistance..
The Future Fund decided not to participate in the Dividend Reinvestment Plan and divest some of it's holding.. Which to me shows a great confidence in Telstra's future and once the moron shorters leave this stock alone, the SP will rise sharply..
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