ASX:TLSTelecom
Telstra (ASX:TLS) Shares Drift As Buyback And Dividend Challenge Doubts
Telstra Group walked into this result with the stock under pressure, down about 10% over three months and closing today at A$4.84. The market has been treating the stock like a plodder. The earnings print told a different story with cash earnings per share up to A$0.255 and underlying earnings before interest, tax, depreciation, amortisation and leases at A$8.3b.
For a mature telecom operator that is a powerful earnings trend. The board backed it with a higher A$0.21 full year dividend and a...