What is the current dividend yield on Telstra shares?

Here's the income an investor can expect from their Telstra shares.

| More on:
Young woman using computer laptop with hand on chin thinking about question, pensive expression.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Telstra Corporation Ltd (ASX: TLS) shares have had an interesting month. The company has just completed a major corporate restructuring which saw Telstra shares briefly change their ticker code from TLS to TLSDA. Thankfully for traditionalists, all is right with the world again now Telstra is back to the good old TLS.

But investors have historically bought Telstra shares with the expectation of consistent and high dividend income. The company has even increased its annual dividend payments this year, the first time investors have seen a shareholder pay rise in six years.

So with all of this in mind, what kind of dividend income can an investor expect today from the Telstra share price?

What is the current yield on Telstra shares?

Well, Telstra's last two dividend payments were the April interim dividend worth 8 cents per share, and the final dividend worth 8.5 cents per share that was paid out in September.

That last dividend contained the pay rise that investors craved for so long. As is typical with Telstra, both dividends came with full franking credits.

So given the Telstra share price has closed at $3.90 on Friday (down 1.02%), these two dividends give the telco a trailing dividend yield of 4.23%. That grosses up to an even more impressive 6.04% if we include the value of those full franking credits.

That means that if an investor bought $100,000 worth of Telstra today, they could expect an annual income of $4,230, plus franking, from their new shares.

As we discussed earlier this week, that dividend yield is not the highest Telstra shares have ever traded at. At one point in this telco's history, its trailing dividend yield reached as high as 10%. But it is still a pretty good return on one's capital today by ASX standards.

Should you invest $1,000 in A2b Australia right now?

Before you buy A2b Australia shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and A2b Australia wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Man holding a calculator with Australian dollar notes, symbolising dividends.
Dividend Investing

A 5% yield? Here's the dividend forecast for an ASX 200 powerhouse

Are the generous dividends growing or getting smaller? Let's find out.

Read more »

A male investor sits at his desk looking at his laptop screen holding his hand to his chin pondering whether to buy Macquarie shares
Dividend Investing

This 10% ASX dividend stock is my top pick for immediate income

This business offers a lot of what income investors are looking for.

Read more »

A happy construction worker or miner holds a fistful of Australian dollar notes.
Dividend Investing

Buy Rio Tinto and these ASX dividend shares in May

Analysts expect good yields from these buy-rated shares.

Read more »

A male investor sits at his desk looking at his laptop screen holding his hand to his chin pondering whether to buy Macquarie shares
Dividend Investing

Top broker forecasts this quality ASX 200 dividend share could surge 45%!

A leading broker forecasts outsized gains ahead for this high-yielding ASX 200 dividend stock.

Read more »

A couple sitting in their living room and checking their finances.
Dividend Investing

Beat falling interest rates with these growing ASX dividend shares

Analysts think these shares could be top picks for income investors now interest rates are falling.

Read more »

Gold bars and Australian dollar notes.
Dividend Investing

How these soaring ASX 200 stocks are shaping up to be the dividend gems of 2026

With revenue surging, these ASX 200 stocks may be supersizing their dividends in 2026.

Read more »

Australian notes and coins symbolising dividends.
Industrials Shares

ASX 200 dividend stock reveals next quarterly passive income payout

The ASX 200 dividend stock announced its quarterly results and latest passive income payout.

Read more »

Animation of a man measuring a percentage sign, symbolising rising interest rates.
Dividend Investing

Forget term deposits and buy these ASX dividend stocks in May

Interest rates could be heading lower so consider these shares that analysts rate as buys instead.

Read more »