Updating Telus Corp., Genuine Parts Co. and Gannett Co. Inc.

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TELUS CORP. $50 (Toronto symbol T; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 600.8 million; Market cap: $30.0 billion; Dividend yield: 4.4%; Dividend Sustainability Rating: Highest; www.telus.com) last raised its quarterly dividend with the January 2019 payment. Investors now receive $0.545 a share, up from $0.525. The new annual rate of $2.18 yields a high 4.4%. Telus currently uses equipment from China’s Huawei in its wireless networks, and the two firms are currently testing 5G systems. However, Canada and the U.K. may follow the other members of the “Five Eyes” intelligence-sharing group (U.S., Australia and New Zealand) in banning Huawei equipment for those networks. A ban would likely increase Telus’s costs and delay the launch of its 5G service until late 2020. However, Ottawa is unlikely to force Telus to replace Huawei equipment inside its current 4G LTE systems. Telus is a buy. GENUINE PARTS CO. $105 (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 145.9 million; Market cap: $15.3 billion; Dividend…