Telstra's income appeal

The telco's steady stream of franked dividends earns it a guernsey in this model portfolio.

PORTFOLIO POINT: Telstra is a valuable addition to an income-based portfolio, given its stream of fully-franked dividends.

Readers may be wondering as to why various 'value’ investors derive different intrinsic values for listed company securities. One company that has widely divergent valuations is Telstra Corporation Ltd (ASX: TLS).


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