Telstra Corporation Limited (ASX:TLS) has reaffirmed it will pay a $0.28 per share fully-franked dividend this year and next, in a recent investor update to the market.
The telco also said it will generate $2 to $3 billion in free cash over the next three years, subject to the National Broadband Network roll out schedule and market conditions.
Telstra recorded a net profit of $1.5 billion for the first half of its 2012 financial year.
