Telstra 2019 outlook

Purchasing Telstra (ASX:TLS) now will mean you can receive a fully franked 7% dividend, however this is unlikely to be sustainable in the short term. But with the Telstra stock price falling over 23% since the start of the year, is now the time to buy?

Telstra has made considerable progress into it’s 5G expansion, with a cumulation of $386M invested in the rollout. Telstra CEO Andrew Penn has said the Telstra will continue to be the leader in providing 5G capabilities to Australia.

Whilst the implementation of the 5G network is likely to bring growth to Telstra, it may be better to wait until closer to the release date before making an investment.

Check out these top ASX stocks for 2019

Please follow and like us:

Add a Comment

Your email address will not be published.