TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network revenue; mobile technologies equipment sale; data revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. It has 16.9 million subscriber connections, which include 9.3 million mobile phone subscribers; 2.1 million connected device subscribers; 2.3 million internet subscribers; 1.1 million residential voice subscribers; 1.3 million TV subscribers; and 804,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is headquartered in Vancouver, Canada.
TELUS Dividend Announcement
• TELUS announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-10
• TELUS annual dividend for 2024 was $0.85
• TELUS annual dividend for 2023 was $1.07
• TELUS's trailing twelve-month (TTM) dividend yield is 8.05%
• TELUS's payout ratio for the trailing twelve months (TTM) is 188.32%
• TELUS's dividend growth over the last five years (2018-2023) was -7.77% year
• TELUS's dividend growth over the last ten years (2013-2023) was 0.29% year
TELUS Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | $0.29 | quarterly | 2024-10-01 |
2024-06-10 | $0.28 | quarterly | 2024-07-02 |
2024-03-08 | $0.28 | quarterly | 2024-04-01 |
2023-12-08 | $0.28 | quarterly | 2024-01-02 |
2023-09-07 | $0.27 | quarterly | 2023-10-02 |
2023-06-08 | $0.27 | quarterly | 2023-07-04 |
2023-03-09 | $0.26 | quarterly | 2023-04-03 |
2022-12-08 | $0.26 | quarterly | 2023-01-03 |
2022-09-08 | $0.27 | quarterly | 2022-10-03 |
2022-06-09 | $0.27 | quarterly | 2022-07-04 |
2022-03-10 | $0.26 | quarterly | 2022-04-01 |
2021-12-09 | $0.26 | quarterly | 2022-01-04 |
2021-09-09 | $0.25 | quarterly | 2021-10-01 |
2021-06-09 | $0.26 | quarterly | 2021-07-02 |
2021-03-10 | $0.25 | quarterly | 2021-04-01 |
2020-12-10 | $0.24 | quarterly | 2021-01-04 |
2020-09-09 | $0.22 | quarterly | 2020-10-01 |
2020-06-09 | $0.22 | quarterly | 2020-07-02 |
2020-03-10 | $0.42 | quarterly | 2020-04-01 |
2019-12-10 | $0.44 | quarterly | 2020-01-02 |
2019-09-09 | $0.43 | quarterly | 2019-10-01 |
2019-06-07 | $0.42 | quarterly | 2019-07-02 |
2018-12-10 | $0.41 | quarterly | 2019-01-02 |
2018-09-07 | $0.40 | quarterly | 2018-10-01 |
2018-06-07 | $0.41 | quarterly | 2018-07-03 |
2018-03-08 | $0.39 | quarterly | 2018-04-02 |
2017-12-08 | $0.39 | quarterly | 2018-01-02 |
2017-09-07 | $0.49 | quarterly | 2017-10-02 |
2017-06-07 | $0.37 | quarterly | 2017-07-04 |
2017-03-08 | $0.36 | quarterly | 2017-04-03 |
2016-12-07 | $0.36 | quarterly | 2017-01-03 |
2016-09-07 | $0.36 | quarterly | 2016-10-03 |
2016-06-08 | $0.36 | quarterly | 2016-07-04 |
2016-03-09 | $0.33 | quarterly | 2016-04-01 |
2015-12-09 | $0.32 | quarterly | 2016-01-04 |
2015-09-08 | $0.32 | quarterly | 2015-10-01 |
2015-06-08 | $0.42 | quarterly | 2015-07-02 |
2015-03-09 | $0.32 | quarterly | 2015-04-01 |
2014-12-09 | $0.40 | quarterly | 2015-01-02 |
2014-09-08 | $0.38 | quarterly | 2014-10-01 |
2014-06-06 | $0.38 | quarterly | 2014-07-02 |
2014-03-07 | $0.36 | quarterly | 2014-04-01 |
2013-12-09 | $0.36 | quarterly | 2014-01-02 |
2013-09-06 | $0.34 | quarterly | 2013-10-01 |
2013-06-06 | $0.34 | quarterly | 2013-07-02 |
TELUS Dividend per year
TELUS Dividend growth
TELUS Dividend Yield
TELUS current trailing twelve-month (TTM) dividend yield is 8.05%. Interested in purchasing TELUS stock? Use our calculator to estimate your expected dividend yield:
TELUS Financial Ratios
TELUS Dividend FAQ
Other factors to consider when evaluating TELUS as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: TELUS's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TELUS publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TELUS distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TELUS are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TELUS sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TELUS distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TELUS declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TELUS's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TELUS's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.