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Dividend sanctity takes a hit in Australia, world's top yielding market
Add BT as a preferred sourcePublished Tue, Sep 19, 2017 · 09:50 PM
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Sydney
TELSTRA Corp is challenging Australia's addiction to dividends.
The nation's biggest phone company last month ended a 20-year run of steady dividends, saying it needed to sock away money for new technology. Other firms may follow, undermining Australia's reputation as a dividend-heavy stock market.
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