Telstra is finally off the hook

Telstra's first dividend increase in eight years is a sign years of restructuring are now paying off. Once its NBN role is renegotiated, the telco will face the question of acquisitions.

It may not sound like much but the half-cent increase in Telstra’s interim dividend is highly symbolic. It’s an expression of the group’s confidence that after years of restructuring and uncertainty it is now on a more stable and predictable trajectory.

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