?? Telstra ??
August 13, 2020 Leave a comment
Trying to hear what's not being said
Filed under Finance & Investment Tagged with Telstra, tls.asx, tls.ax
About Rob Zdravevski
Global Investment Advisor & Portfolio Manager
Australian based, Global Work
rob@karriasset.com.au
https://lnkd.in/g8BHr3X
It doesn’t matter if you receive a 5% dividend and the stock loses 50% of its capital.
Australian retail equity investors still pine for dividends at any cost AND the cost happens to result in losing capital.
More on the concept of “total return” in an upcoming post.
Following today’s earnings result, Telstra’s stock plummeted 8.2%.
This is 2 years worth of dividends, gone, in a single day of trading.
As a respected peer once told me, “Telstra is a stock that will keep paying a dividend, until it can’t anymore”.
August 13, 2020
by Rob Zdravevski
rob@karriasset.com.au