Get an 8.1% yield from Telus

Get an 8.1% yield from Telus

Starting in 2011, Telus began rewarding its shareholders with twice yearly dividend increases. Under the current version of the plan, the company committed to increasing the annual rate by between 7% and 10% from 2023 through the end of 2025.

More dividend increases beyond 2025 seem… Read More

AI will help with turnaround

TELUS INTERNATIONAL (CDA) INC. $5.68 remains a buy, but only for aggressive investors. The company (Toronto symbol TIXT; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding: 275.0 million; Market cap: $1.6 billion; Price-to-sales ratio: 0.5; No dividend paid; TSINetwork Rating: Average; www.telusinternational.com) now operates as Telus Digital Experience. It… Read More

Telus raises its dividend

TELUS, $22.07, is a buy. The company (Toronto symbol T; Shares outstanding: 1.5 billion; Market cap: $33.1 billion; TSINetwork Rating: Above Average; Dividend yield: 6.8%; www.telus.com) has 13.61 million wireless subscribers across Canada. It also sells landline phone, Internet, TV, and security services in B.C., Alberta, and eastern Quebec.
With… Read More

Regular increases sustain its appeal

Starting in 2011, telecom Telus began rewarding its shareholders with twice yearly dividend increases. Under the current version of the plan, the company committed to increasing the annual rate by between 7% and 10% from 2023 through the end of 2025.
More dividend increases beyond 2025… Read More

Telus raises your dividend

TELUS CORP. $22 is a buy. The telecom provider (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.5 billion; Market cap: $33.0 billion; Price-to-sales ratio: 1.6; Dividend yield: 7.3%; TSINetwork Rating: Above Average; www.telus.com) has 13.61 million wireless subscribers across Canada. It also sells… Read More

Falling interest rates enhance their appeal

Our favourite telecom stocks—BCE and Telus—have rebounded from their recent lows. That’s mainly because the Bank of Canada has cut its benchmark interest rate three times since June, from 5.00% to 4.25%.
Lower interest rates help boost the appeal of high dividend-paying stocks compared to bonds… Read More

Use these updates to boost your returns

3M COMPANY $132 remains a buy for long-term gains. The company (New York symbol MMM; Income-Growth Portfolio, Manufacturing sector; Shares outstanding: 549.4 million; Market cap: $72.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Average; www.3m.com) spun off its Health Care division as a separate firm called Solventum Corp. (New… Read More

Here are key updates on your holdings

CAE INC. $24 is still a buy for long-term gains. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $7.6 billion; Price-to-sales ratio: 1.7; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight… Read More

Enjoy a high 7.2% yield from Telus

Enjoy a high 7.2% yield from Telus

A stable subscriber base and rising cash flow gives this major wireless player plenty of room to keep growing dividend payouts.

The company is well-positioned for future growth now that its multi-year 5G upgrade plan is complete. Improved productivity and infrastructure will help to deliver consistent… Read More

Use our updates to enhance your portfolio

TELUS CORP. $21 is a buy. The telecom provider (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.4 billion; Market cap: $29.4 billion; Price-to-sales ratio: 1.6; Dividend yield: 7.4%; TSINetwork Rating: Above Average; www.telus.com) increased your quarterly dividend by 3.5% with the July 2024… Read More