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.
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).
What is Telstra’s dividend policy? The Telstra dividend policy is to pay a fully franked ordinary dividend of between 70 to 90 per cent of underlying earnings from FY18.
Top 10 Owners of Telstra Corporation Ltd
|Gabelli Funds LLC||0.01%||112,400|
|Dimensional Fund Advisors LP||0.00%||40,500|
|Dimensional Fund Advisors Ltd.||0.00%||600|
|CapFinancial Partners LLC||0.00%||1,189|
Share price development
In November 1997, the Australian government sold the first tranche of its Telstra shares, 4.29 Billion shares, publicly at a price of $3.40 per share to institutional investors and $3.30 to retail investors. This sale is commonly referred to as “T1”.
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. … Telstra’s free cash flows grew 11.6 per cent to $3.8 billion in the 2020-21 period.
Will Telstra pay a dividend in 2021?
Latest company dividends for Telstra Corporation Limited (TLS)
|Sector||Market Cap ($m)||Payment date|
|Communication Services||$48,069||23 Sep 2021|
|Communication Services||$48,069||26 Mar 2021|
|Communication Services||$48,069||24 Sep 2020|
|Communication Services||$48,069||27 Mar 2020|
How often are Telstra dividends paid?
There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.0.
|Avg vol (3-month) 3||23.18M|
|Shares outstanding 5||11.89B|
|Implied shares outstanding 6||N/A|
|% held by insiders 1||0.58%|
Who is the CEO of Telstra?
Telstra ownership, management
As of today, Telstra is no longer owned by the government. The telco has over a million shareholders – it is the most widely held company on the ASX. The first Telstra CEO as a private company was David Thodey, who served from 2010 to 2015.
What company owns Telstra?
Telstra network providers 2021
- ALDI Mobile.
- Boost Mobile.
- Tangerine Telecom.
Is NBN owned by Telstra?
Telstra is a retail service provider in respect of services on the nbn network. We do not own the nbn network; we re-sell services to our customers, like the other retailer service providers who also offer broadband services on the nbn network.