Wednesday, April 14, 2010

Long Term View: Telstra Corp Ltd




In this series of posts I am going to be looking at stocks listed on the NZX in relation to their returns to shareholders over the life of their listing -what shareholders would now see in their back pockets if they had invested in the company IPO.

The calculation of returns includes dividends and tax credits.

Telstra Corp Ltd [TLS.NZ] has been very good to its shareholders in terms of returns since its IPO in November 1998 at $3.50(in 2 installments - see 1998 prospectus)With $NZ 5.94 cents in net dividends (see chart above) paid and tax credits at an average of 20% , TLS gives a slightly more than 300% return (see chart below for the share price percentage gain against the average of all NZX indexes) over the 12 year listing, an approximate annual net return of 25%.

This is approximately a 300% better return when compared to the average of all NZX indexes.




Long Term View Series

Auckland International Airport
Air New Zealand
AMP Ltd
Briscoe Group Ltd
Contact Energy Ltd
Delegats Group Ltd
EBOS Group Ltd
Fletcher Building Ltd
Fisher & Paykel Appliances
Fisher & Paykel Healthcare
Freightways Ltd
Goodman Fielder Ltd
Hellaby Holdings Ltd
Mainfreight Ltd
Metlifecare Ltd
New Zealand Refining Ltd
Port Of Tauranga Ltd
Pumpkin Patch Ltd
Restaurant Brands Ltd
Ryman Healthcare Ltd
Sanford Ltd
Sky City Entertainment Group Ltd
Sky Network Television Ltd
Telecom NZ Ltd
Telstra Corp Ltd
The Warehouse Group Ltd


Telstra @ Share Investor

Download TLS Company Reports

Discuss TLS @ Share Investor Forum - Register free


Recommended Amazon Reading

The Intelligent Investor: The Definitive Book on Value Investing. A         Book of Practical Counsel (Revised Edition)
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $7.50
Usually ships in 24 hours

Buy The Intelligent Investor & more @ Fishpond.co.nz

Fishpond


c Share Investor 2010