Telstra Group Limited (ASX:TLS) Insider Purchases A$418,800.00 in Stock

Telstra Group Limited (ASX:TLS) insider David Lamont acquired 100,000 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of A$4.19 ($2.63) per share, with a total value of A$418,800.00 ($263,396.23).

Telstra Group Price Performance

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

Telstra Group Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.095 per share. The ex-dividend date is Tuesday, February 25th. This is an increase from Telstra Group’s previous Interim dividend of $0.09. This represents a yield of 2.29%. Telstra Group’s dividend payout ratio (DPR) is 128.57%.

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.