Telstra acknowledges dividend cut 'tough' on shareholders

By Nassim Khadem
Updated October 17 2017 - 7:43am, first published 7:35am
Telstra AGM ceo Andrew Penn. 17th October 2017. The Age Fairfaxmedia News Picture by JOE ARMAO

Telstra chairman John Mullen has acknowledged that the end of Telstra's policy to pay almost all profits out as dividends is tough on shareholders but said he expects the company to maintain or increase the total dividend over time as earnings grow.

Advertisement

Ad

Advertisement

Ad

Advertisement

Ad

Advertisement

Ad

Get the latest Armidale news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.