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TLS - Telstra News Story

NZD3.68 -0.0  -0.5%

Last Trade - 16/04/21

Sector
Telecoms
Size
Large Cap
Market Cap £22.92bn
Enterprise Value £32.96bn
Revenue £12.67bn
Position in Universe 15th / 1898

BUZZ-Australia's Telstra set for best day in nearly 6 months on maintaining dividend

Wed 10th February, 2021 11:48pm
** Shares of Australia's biggest telecom firm Telstra Ltd
 TLS.AX  rise as much as 3.5% to A$3.280, their highest since
Aug. 12
    ** Co holds its interim dividend at 8 cents per share and a
special dividend of 3 cents per share, even as its profit and
revenue fall by 3.6% and 9.7%, respectively during the first
half  urn:newsml:reuters.com:*:nFWN2KG1FS
    ** The telco is particularly favoured by investors for its
consistent dividend payouts; stock has a dividend yield of 4.5%,
according to Refinitiv data
    ** Co expects to pay a total dividend for FY21 of 16 cents
per share, including an interim dividend of 8 cents per share
 urn:newsml:reuters.com:*:nFWN2KG1IH
    ** Stock posts its biggest intraday pct gain since Nov 12 
    ** As of last close, stock up 6.4% this year 

 (Reporting by Shriya Ramakrishnan in Bengaluru)
 ((Shriya.Ramakrishnan@thomsonreuters.com;))
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