Telstra Co. Ltd (ASX:TLS) insider Roy Chestnutt purchased 43,000 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were bought at an average cost of A$3.22 ($2.29) per share, with a total value of A$138,632.00 ($98,320.57).
Shares of ASX TLS remained flat at $A$3.26 ($2.31) during mid-day trading on Friday. The stock had a trading volume of 61,221,210 shares, compared to its average volume of 28,990,000. The company has a market capitalization of $38.73 billion and a price-to-earnings ratio of 12.54. The company has a debt-to-equity ratio of 128.16, a quick ratio of 0.75 and a current ratio of 0.92. Telstra Co. Ltd has a 1 year low of A$2.60 ($1.84) and a 1 year high of A$3.48 ($2.46).
The firm also recently disclosed a Interim dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 29th will be paid a $0.08 dividend. This represents a dividend yield of 2.52%. The ex-dividend date of this dividend is Wednesday, February 27th. Telstra’s dividend payout ratio (DPR) is 38.46%.
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Telstra Corporation Limited, together with its subsidiaries, provides telecommunications and information services to businesses, governments, communities, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Telstra Operations, and Telstra Wholesale.
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