TLS News: Telstra Group's (ASX:TLS) Dividend Will Be Increased To A$0.085 - 21st Feb 2023, 7:33am

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The board of Telstra Group Limited (ASX:TLS) has announced that the dividend on 31st of March will be increased to A$0.085, which will be 6.3% higher than last year's payment of A$0.08 which covered the same period. The payment will take the dividend yield to 4.0%, which is in line with the average for the industry.

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Telstra Group's Payment Has Solid Earnings Coverage

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