Are Telstra shares a good investment?

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.

Do Telstra shareholders get discounts?

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).

Are Telstra shares fully franked?

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.

Who are the major shareholders of Telstra?

Top 10 Owners of Telstra Corporation Ltd

Stockholder Stake Shares owned
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

How much were Telstra shares when first floated?

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”.

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Do Telstra shares pay dividends?

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?

Dividend Summary

There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.0.

How many shares are there in Telstra?

Share statistics

Avg vol (3-month) 3 23.18M
Shares outstanding 5 11.89B
Implied shares outstanding 6 N/A
Float 8 11.82B
% 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.
  • Belong.
  • Boost Mobile.
  • Lycamobile.
  • MATE.
  • numobile.
  • Pennytel.
  • 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.

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