Is Telstra Group Limited’s (ASX:TLS) Recent Price Movement Underpinned By Its Weak Fundamentals?
Telstra Group (ASX:TLS) has had a rough month with its share price down 3.2%. It seems that the market might have completely ignored the positive aspects of the company’s fundamentals and decided to weigh-in more on the negative aspects. Fundamentals usually dictate market outcomes so it makes sense to study the company’s financials. In this article, we decided to focus on Telstra Group’s ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company’s shareholders.
We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next…
