Highlights

  • Telstra Group (ASX:TLS) will trade ex-dividend for its final Dividend on 24 September 2026.
  • FY26 underlying EBITDA after leases increased 4% to approximately A$8.3 billion.
  • Reported NPAT rose 2.7% to A$2.4 billion, with FY27 EBITDAaL guidance of A$8.5-8.8 billion.
  • Telstra announced a further A$1 billion buyback, taking FY26 total dividends to 21 cents per share.

Telstra Group Ltd (ASX:TLS) is set to trade ex-dividend on 24 September 2026, as the company advances toward payment of its final dividend of $0.105 per share, franked at 90%. Investors who wish to be entitled to this final dividend must hold shares in Telstra Group Ltd before the stock begins trading ex-dividend. This upcoming payment comes amid a period of notable developments for the company, making it a relevant one for income-focused investors to watch as the ex-dividend date approaches.

About Telstra Group Ltd

Telstra Group Ltd (ASX:TLS) is Australia's largest telecommunications and technology company, providing mobile, fixed-line broadband, and enterprise network services to millions of consumer and Business customers nationally. The company operates the country's most extensive mobile network and continues to invest heavily in 5G infrastructure and digital services. Telstra's strategy in recent years has centred on its Connected Future 30 plan, which targets sustained Earnings growth, improved returns on invested Capital and greater Operating Leverage as the company continues to modernise its network and digital capabilities across the Australian telecommunications market.

Latest Development

Telstra's FY26 result showed continued earnings momentum, with underlying EBITDA after leases increasing 4% to approximately A$8.3 billion and reported NPAT rising 2.7% to A$2.4 billion. The company maintained its focus on the Connected Future 30 strategy, targeting cash earnings growth, higher returns and operating leverage. FY27 underlying EBITDAaL guidance is A$8.5-8.8 billion, while network Investment is expected to increase. Telstra also announced a further A$1 billion buyback and delivered a 10.5-cent final dividend, taking FY26 total dividends to 21 cents per share.

Key Risks to Consider

Telstra operates in a competitive Australian telecommunications market, where pricing pressure from rival mobile and broadband providers can affect average Revenue per user and overall margins. The company's substantial ongoing network investment, including 5G rollout and infrastructure upgrades, requires significant Capital Expenditure that must be balanced against Shareholder return commitments. Regulatory settings affecting telecommunications pricing, spectrum allocation, or wholesale access arrangements can also influence Telstra's competitive position. Additionally, as with any large-scale network operator, Telstra faces ongoing Cybersecurity and network reliability risks given the critical nature of the infrastructure it operates.

Conclusion

Telstra's ex-dividend date follows a FY26 result that demonstrated continued progress under its Connected Future 30 strategy, with rising underlying earnings and an expanded shareholder return program through both dividends and buybacks. The FY27 guidance range points to further earnings growth, albeit alongside increased network investment. Investors should weigh Telstra's stable, large-scale earnings base and consistent capital return record against the competitive and regulatory pressures inherent in the Australian telecommunications sector.

Disclaimer: This article is for general informational purposes only and does not constitute financial or investment advice. Ex-dividend dates, dividend amounts and franking levels are subject to change; investors should verify current details directly with the ASX or the company before making investment decisions.