Insider Buying: Telstra Group Limited (ASX:TLS) Insider Acquires 23,900 Shares of Stock

Telstra Group Limited (ASX:TLSGet Free Report) insider Maxine Brenner acquired 23,900 shares of the stock in a transaction dated Thursday, October 17th. The shares were bought at an average price of A$3.90 ($2.60) per share, with a total value of A$93,210.00 ($62,140.00).

Telstra Group Price Performance

The company has a debt-to-equity ratio of 97.83, a quick ratio of 0.52 and a current ratio of 0.53.

Telstra Group Increases Dividend

The company also recently announced a Final dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were issued a dividend of $0.09 per share. This is an increase from Telstra Group’s previous Final dividend of $0.09. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a dividend yield of 2.27%. Telstra Group’s payout ratio is 128.57%.

About Telstra Group

(Get Free Report)

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.

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