Business
ASX clears 6200, hits 7-month high; Whitehaven sinks – The Australian Financial Review
Australian shares are on track for their highest close in seven months; Macquarie ponders tariff impact for Treasury Wine; China’s exports rise but fall short o…
Telstra’s chairman John Mullen’s backing of the 16¢ dividend has sparked the biggest rally in the telco’s share price in three months and allayed one of the fears identified by UBS as worrying investors.
UBS, which reckons the telco is a “compelling buy”, has taken a closer look at four issues it reckons has been holding the share price back, with fears the dividend could be cut being one of them.
The broker has a 14¢ a share total dividend forecast for the 2021 to 2025 financial years based…
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