Telstra has raised its total dividend for the first time since 2015, returning $1.9 billion to shareholders following what chief executive Andy Penn says has been the successful transformation of the company.
Telstra's total income dropped 4.7 per cent to $22 billion in the 12 months to June 30, compared to the previous year where it benefited from some asset sales.
Net profit after tax was down 4.6 per cent to $1.8 billion, beating consensus estimates of $1.67 billion.
