Telstra Group Limited (ASX:TLS) to Issue Dividend Increase – $0.10 Per Share

Telstra Group Limited (ASX:TLS) declared a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.095 per share on Thursday, March 27th. This represents a dividend yield of 2.29%. The ex-dividend date is Tuesday, February 25th. This is a positive change from Telstra Group’s previous interim dividend of $0.09.

Telstra Group Price Performance

The company has a current ratio of 0.53, a quick ratio of 0.52 and a debt-to-equity ratio of 113.71. The company has a market cap of $44.72 billion, a P/E ratio of 27.57, a PEG ratio of 2.33 and a beta of 0.35.

Telstra Group Company Profile

Telstra Group Limited engages in the provision of telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication, media and technology products and services to consumer and business customers using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program in Australia.