TLS News: Telstra Group (ASX:TLS) Will Pay A Larger Dividend Than Last Year At A$0.09 - 18th Feb 2024, 10:03am

annb0t

Top 20
Telstra Group Limited's (ASX:TLS) dividend will be increasing from last year's payment of the same period to A$0.09 on 28th of March. This takes the annual payment to 4.7% of the current stock price, which is about average for the industry.

View our latest analysis for Telstra Group

Telstra Group's Payment Has Solid Earnings Coverage

Unless the payments are sustainable, the dividend yield doesn't mean too much. Based on the last payment, Telstra Group's profits didn't cover the dividend, but ...

>>> Read more: Telstra Group (ASX:TLS) Will Pay A Larger Dividend Than Last Year At A$0.09
 
Top Bottom