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Why Telstra is a top ASX dividend share to buy in August – Motley Fool Australia

Here are 2 reasons why I think the Telstra Corporation Ltd (ASX: TLS) share price is a strong ASX dividend share buy for August 2020.

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The Telstra Corporation Ltd(ASX: TLS) share price has been an interesting one to watch in 2020 so far. Telstra shares started the year off at $3.58 but quickly descended to a new 52-week low, along with the rest of the S&P/ASX 200 Index (ASX: XJO), when the coronavirus-induced market crash was in full swing during March.
In the worst throes of the crash, Telstra shares hit $2.87. But since then, the Telstra share price has recovered somewhat and closed trading on Monday at $3.36. From its M…

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