Shares in Value Logo
Product Review Img Vertical

Date : 16/09/2021

Telstra Shares Surged On ASX Following Dividend Forecast

Telstra (ASX: TLS), Australia’s biggest Telco has once again become a darling of the ASX. Telstra shares are performing incredibly well and Telstra stock investors are benefiting with strong dividends and stock buybacks.

Following on from Telstra’s T22 strategy where the company focused on cost cutting, this morning, TLS unveiled its T25 strategy that is focused on growth and improving customer experience.

Why The TLS Share Price Surged On ASX Today

How come the Telstra stock surged on ASX following the dividend forecast?

Telstra shares (ASX TLS) have gained 40% in the past 1 year and 32% in 2021 alone. Telstra today announced its T25 strategy to accelerate growth, enhance customer experiences through predictive analytics and localised support, and capitalise on permanent shifts in how people work and live.

Commencing from the 1 July 2022, T25 will be built on four strategic pillars to deliver:

  • An exceptional customer experience you can count on
  • Leading network and technology solutions that deliver your future
  • Sustained growth and value for shareholders
  • The place you want to work.

Telstra CEO, Andrew Penn, said the company’s T22 strategy had fundamentally transformed Telstra and paved the way for T25 to deliver growth.

As part of the T25 strategy, Telstra Group Limited has set lofty ambitions such as:

  • 5G network coverage will extended to 95 percent of population
  • Regional coverage will expanded with 100,000 sq km of new 4G and 5G coverage
  • Customer experience strategic NPS uplift of 25 points across all segments
  • Telstra Plus members targeted to grow to 6 million by FY25
  • Mid-single digit underlying EBITDA and high-teens underlying EPS CAGR to FY25i
  • Maximise fully-franked dividend and seek to grow over time
  • Further $500 million net fixed cost out from FY23 to FY25
  • Greater access to towers assets with 250 new towers and 700 additional tenancies
  • Employee engagement in 90th percentile

The TLS share price gained 0.5% this morning following the announcement. It seems like the entire mood around Telstra shares has shifted entirely in recent times. TLS shares (ASX: TLS) closed at $3.95 a share today.

Are You Looking To Buy The Best Stocks In 2024?

Stay on top of upcoming market trends! Whether you are an SMSF investor or a young investor with your portfolio, we cover a wide range of stocks across all sectors, including mining, financials, industrials, real estate, technology, health and biotech, etc. It will give you an edge to invest and trade ASX listed stocks across large, mid and small caps with an advantage.

Get stock tips with our Market Experts. We help self-directed investors and self-managed super funds (SMSF) make smarter investment decisions and get better returns. Fill in your details and download your free Report instantly for Top 3 Dividend Stocks to buy in 2024!


Top 5 ASX Stocks
to Buy for Capital Growth in 2024

Shares In Value - Top 5 ASX Stocks to Buy - Cover 2024
The hardest part to finding growth stocks is having an ability to understand the finer details of these companies from their valuations through to first mover advantage and having key factors on hand to make informed investment decisions.

Our experts take the guesswork out.
ASX insight Stocks Landing

Download Your Free Report

By downloading this report, you agree to our terms and conditions and privacy policy

Scroll to Top


By submitting this form, I agree to the TERMS AND CONDITIONS and PRIVATE POLICY

Income Stocks - Blogs

Please fill in your details to download the free dividend shares report.

By downloading this report, you agree to our terms and conditions and privacy policy

Just 10 Seconds Away From Your Free Report!
Income Stocks - Popup Blog

Please fill in your details to download the free dividend shares report.

By clicking 'Download Report', I accept the Privacy Policy and Member Terms & Conditions.

We will send your report instantly. Please put your correct email address and phone number.