Telstra Corporation Limited

By Intelligent Investor · 17 Apr 2003

By Intelligent Investor ·
17 Apr 2003

Recommendation

Telstra Group Limited - TLS

Current price

$3.65 at 16:20 (19 April 2024)

Price at review

$4.16 at (17 April 2003)

All Prices are in AUD ($)

Telstra's third quarter results showed modest revenue growth of 2.7%. It would come as no surprise to anyone who's checked their phone bill lately that the star performer was basic access revenue, which rose 8.6% for the quarter. Telstra's $20bn or so in annual revenue is equivalent to $1,000 for every man, woman and child in Australia. It's that kind of dominance coupled with a fully-franked dividend yield of 5.5% which makes the stock so attractive. The shares have risen 5% since issue 123/Mar 03 (Buy - $3.96) and remain a good, blue chip BUY.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Telstra Corporation Limited

Recommendation

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password

Recommendation

Telstra Corporation Limited

Recommendation

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password

Join the Conversation...

Recommendation