Telstra Corp Dividend yield




   AUD/share 
 Price  3.93
 Dividend  0.32
 Earnings  0.27
 Cash-flow  0.56
 Book value  1.23
 Equity  1.24

Telstra Corp is part of Fixed Line Telecommunications business, which is part of Telecommunications industry. Telstra Corp is a company from Australia, and his stocks are publicly traded.

Telstra Corp paid a total dividend of 3,806 million AUD last year, for a market value of 46,739 millions (Market Cap 16,359 millions). Dividend per share of Telstra Corp is 0.32 AUD, and his stock market price 3.93 AUD.

According to the chart below, where dividend yield is displayed, Telstra Corp has a dividend yield of 8.14%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Telecommunications industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Telstra Corp dividend yield with other Fixed Line Telecommunications companies or firms from Australia.

Dividend yield of Telstra Corp

Telstra Corp Dividend Payout

About the ability of Telstra Corp to maintain his current dividend of AUD 0.32 per share, an amount that accounts for 8.14%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Telstra Corp payout on ernings is currently 118.52%, which is higher than the market average, and companies of Telecommunications industry, which are 39.27% and 53.55% respectively. Both figures show that Telstra Corp can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Telstra Corp is AUD 0.56 per share, which is higher than the dividend per share paid by the company of AUD 0.32, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Telstra Corp, compared againt world market average, Australia companies, Telecommunications industry and Fixed Line Telecommunications sector companies.

Telstra Corp payout

Telstra Corp Dividend History

Year Yield  AUD  Paypout  Shares* 
Present8.14%0.32118.52%11,893
202010.74%0.32114.29%11,893
20193.67%0.1341.94%11,893
20185.26%0.1534.88%11,893
20178.54%0.3170.45%11,893
20166.14%0.3154.39%12,311
20155.69%0.3069.77%12,311

*In millions

Telstra Corp Stock performance

Finally, last moth Telstra Corp showed a return of 2.30% compared to a worldwide -1.33% average, and a 1.22% of Telecommunications firms. Over the last year, the company obtained a 41.40% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Australia and Fixed Line Telecommunications firms.

Telstra Corp stock and market return