3 reasons the Telstra (ASX:TLS) share price is storming higher

It was a positive day for the Telstra Corporation Ltd (ASX: TLS) share price on Monday.

The telco giant’s shares finished the day over 2% higher at $3.32.

This means the Telstra share price is now up 4.5% since the release of its half year results last week.

Three reasons the Telstra share price is climbing higher

The first reason the Telstra share price is pushing higher is its dividend.

Although there had been a number of hints that the company would maintain its dividend this year, some investors appeared to doubt this. Which is understandable given the downward trajectory its dividend has taken in recent years.

However, last week Telstra maintained its fully franked interim dividend at 8 cents per share and reiterated plans…