Updated
Telstra maintains dividend as profits fall
Lucas BairdReporter
Updated
Key Points
- Revenue ($b) $10.98bn, down 9.7pc from year-earlier 12.164
- Pre-tax profit ($b) 1.33 v 1.68
- Net profit ($b) 1.13 v 1.15
- Interim dividend unchaged 8¢, payable on March 26
Telstra has maintained its interim dividend at 8¢ despite a dip in profits as chief executive Andy Penn flagged the telecommunications giant would bring 170 branded retail locations licensed to others back in-house.
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
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