Telstra: Interim result 2015

With its dividend looking safe and the bond yield scraping new lows, Telstra has obvious attractions, but for its shares to rise further it will need to find more growth.

Two factors can explain the near-doubling of Telstra’s share price over the past three years. The first – the collapse in prospective returns on other investments, led by government bonds – is shown in Chart 1. The second – that its dividend is now well and truly safe and may even start to show some growth – was evident in last week’s interim result.

Strong performance from Mobile

Fixed Voice continues decline

Raising Sell price to $7

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles