Hmm i probably agree to a degree.But i think the reason why it may be described as such is the dividend has been maintained for last 5 years with only one year where eps tax paid fell below ff dividend and that should include this year.Macquarie and others have suggested tls may increase dividend from 2014.I'm not going into the past eg future fund, conroy threats the IT bubble etc that obviously impacted tls SP, things for telstra seem to have settled down eg regarding ACCC govt conflict etc. I feel tls earnings are similar to gaming/hotel industry where they are more resilient to changes in economic activity.
my opinion only DYOR hope i'm correct as i'm still long.
Hmm i probably agree to a degree.But i think the reason why it...
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Last
$3.84 |
Change
-0.060(1.54%) |
Mkt cap ! $44.36B | |||
| Open | High | Low | Value | Volume |
| $3.88 | $3.89 | $3.84 | $89.78M | 23.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 336431 | $3.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 95829 | 5 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |