Telstra chief executive Andy Penn admits there is still work to ensure its coveted 16¢ a share full-year dividend is sustained into the future as the telecoms giant races to hit earnings “aspirations” for 2022-23.
How often are Telstra dividends paid?
There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.0.
Are its shares good value? In addition to offering investors a generous yield, Goldman Sachs sees value in Telstra shares at the current level. Its analysts have a buy rating and $4.20 price target on them at present. This implies potential upside of 11% over the next 12 months.
Is Telstra paying a dividend in 2020?
The dividend has a record date of August 26 and payment date of September 23, with the on-market buy-back likely to start in mid-September. All in all, Telstra will pay out $2.3 billion.
Are Telstra dividends fully franked?
The Telstra dividend policy is to pay a fully franked ordinary dividend of between 70 to 90 per cent of underlying earnings from FY18.
Is Telstra a buy or sell?
Telstra (ASX: TLS)
Rhett Kessler (BUY): It’s a buy for us. It’s one of our largest holdings in the portfolio.
With the NAB share price trading at $28.81, now is a great time to take a closer look. NAB is one of Australia’s four largest banks in terms of market capitalisation, profits and customers. As of 2020, NAB was also one of Australia’s largest lenders to businesses, but it also has operations in residential lending.
To ensure Telstra can quickly and efficiently return proceeds to shareholders, an on-market buy-back is expected to commence shortly after receipt of proceeds. … The on-market share buy-back will be conducted in the ordinary course of trading over 12 months.
What is the ex dividend date for Telstra?
Latest company dividends for Telstra Corporation Limited (TLS)
|Sector||Market Cap ($m)||Ex-dividend date|
|Communication Services||$48,601||26 Aug 2020|
|Communication Services||$48,601||26 Feb 2020|
|Communication Services||$48,601||28 Aug 2019|
|Communication Services||$48,601||27 Feb 2019|
What is ANZ dividend?
The Group announced a proposed fully franked 2021 Final Dividend of 72 cents per share.
Shareholders who are customers may also be able to receive a Telstra Pensioner Discount on their eligible Telstra fixed line service if they have a valid Pension Concession Card issued by the Department of Human Services (Centrelink) or Department of Veterans Affairs (DVA).
Do Tesla pay dividends?
Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.
How do I get a copy of my dividend statement?
You can access your historical dividend payments by contacting the share registries that the company is associated with. The share registry will be able to provide you with information such as payment history and tax statements.