Business
Is Telstra’s dividend sustainable? – James Gerrish – Livewire Markets
We added Telstra (TLS) to the Income Portfolio this week and wanted to provide some more detail around the sustainability of the dividend in the first instance, then the scope for improvement in the share price thereafter.TLS reported FY20 earnings mid-August…
We added Telstra (TLS) to the Income Portfolio this week and wanted to provide some more detail around the sustainability of the dividend in the first instance, then the scope for improvement in the share price thereafter.
TLS reported FY20 earnings mid-August, they met expectations for the current year however they poured cold water over earnings guidance for FY21. They maintained the dividend at 16c; however this is made up of 10c ordinary and a 6c special which is related to NBN payments. Th…
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