Telstra’s dividend is critical to its share price. Imo, if Telstra can maintain its current gross dividend of $0.21 (net $0.16), the gross yield is around 7%. It is hard to find such attractive yield in the current market. Hence, my guess is share price will go higher once investors realise that this boring company is a hidden gem. Income from term deposits is below 1% pa.
Where to now for long term investors of Telstra, page-10628
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Last
$3.87 |
Change
0.010(0.26%) |
Mkt cap ! $44.71B | |||
| Open | High | Low | Value | Volume |
| $3.88 | $3.89 | $3.86 | $51.83M | 13.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 125807 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 100573 | 9 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |