Thursday, March 1, 2012

Fed: Crean says dividend good news

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Fed: Crean says dividend good news

Opposition Leader SIMON CREAN says Telstra's increased dividend is good news for shareholders,and shows the telco shouldn't be further privatised

Telstra, which is still 50.1 per cent government-owned, today reported a 43.6 per centfall in first half net profit and forecast continuing flat revenue growth for the secondhalf.

But it also announced an interim dividend of 12 cents per share, up one cent, rewardingshareholders …

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