TELUS Dividend
Dividend criteria checks 3/6
TELUS is a dividend paying company with a current yield of 5.5% that is well covered by earnings. Next payment date is on 04 Jul 2023 with an ex-dividend date of 08 Jun 2023.
Key information
5.5%
Dividend yield
135%
Payout ratio
| Industry average yield | 6.9% |
| Next dividend pay date | 04 Jul 23 |
| Ex dividend date | 08 Jun 23 |
| Dividend per share | CA$1.45 |
| Earnings per share | CA$1.00 |
| Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.3636
May 07
Investors Could Be Concerned With TELUS' (TSE:T) Returns On Capital
Apr 17Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture
Jan 06TELUS (TSE:T) Is Increasing Its Dividend To CA$0.3511
Nov 23Recent updates
Are Investors Undervaluing TELUS Corporation (TSE:T) By 35%?
May 21TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.3636
May 07Investors Could Be Concerned With TELUS' (TSE:T) Returns On Capital
Apr 17Is TELUS (TSE:T) Using Too Much Debt?
Mar 18Are Investors Undervaluing TELUS Corporation (TSE:T) By 43%?
Feb 05Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture
Jan 06These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively
Dec 08TELUS (TSE:T) Is Increasing Its Dividend To CA$0.3511
Nov 23Some Investors May Be Worried About TELUS' (TSE:T) Returns On Capital
Oct 02TELUS (TSE:T) Takes On Some Risk With Its Use Of Debt
Aug 31The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence
Jun 30TELUS (TSE:T) Is Increasing Its Dividend To CA$0.34
May 31Is TELUS (TSE:T) A Risky Investment?
May 28TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year
May 10The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence
Mar 26Here's Why TELUS (TSE:T) Has A Meaningful Debt Burden
Feb 07TELUS (TSE:T) Will Be Hoping To Turn Its Returns On Capital Around
Dec 22TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.33
Dec 07TELUS' (TSE:T) Dividend Will Be Increased To CA$0.33
Nov 09These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively
Oct 26TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year
Aug 23TELUS' (TSE:T) Returns On Capital Not Reflecting Well On The Business
Aug 20TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year
Aug 05TELUS (TSE:T) Has A Somewhat Strained Balance Sheet
May 17TELUS Corporation's (TSE:T) CEO Compensation Looks Acceptable To Us And Here's Why
May 01The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence
Mar 29Trade Alert: The Executive VP & Chief Customer Officer Of TELUS Corporation (TSE:T), Tony Geheran, Has Sold Some Shares Recently
Mar 16Here's Why We're Wary Of Buying TELUS' (TSE:T) For Its Upcoming Dividend
Mar 05Have Insiders Sold TELUS Corporation (TSE:T) Shares Recently?
Mar 01Is TELUS Corporation (TSE:T) An Attractive Dividend Stock?
Feb 15Upcoming Dividend Payment
Dividend Yield vs Market
| TELUS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (T) | 5.5% |
| Market Bottom 25% (CA) | 2.0% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Telecom) | 6.9% |
| Analyst forecast in 3 Years (T) | 6.3% |
Notable Dividend: T's dividend (5.52%) is higher than the bottom 25% of dividend payers in the Canadian market (2.01%).
High Dividend: T's dividend (5.52%) is low compared to the top 25% of dividend payers in the Canadian market (6.27%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2025 | 1.67 | 6.3% |
| 12/31/2024 | 1.55 | 5.9% |
| 12/31/2023 | 1.45 | 5.5% |
| 5/26/2023 | 1.45 | 5.5% |
| 5/5/2023 | 1.45 | 5.3% |
| 5/4/2023 | 1.45 | 5.2% |
| 2/9/2023 | 1.4 | 5.1% |
| 11/5/2022 | 1.4 | 5% |
| 11/4/2022 | 1.4 | 4.9% |
| 8/6/2022 | 1.35 | 4.7% |
| 5/7/2022 | 1.35 | 4.5% |
| 5/6/2022 | 1.35 | 4.2% |
| 2/10/2022 | 1.31 | 4% |
| 11/5/2021 | 1.31 | 4.4% |
| 7/30/2021 | 1.26 | 4.4% |
| 5/7/2021 | 1.26 | 4.6% |
| 2/11/2021 | 1.24 | 4.8% |
| 11/6/2020 | 1.24 | 4.8% |
| 5/7/2020 | 1.17 | 5% |
| 2/13/2020 | 1.17 | 5% |
| 11/7/2019 | 1.17 | 4.6% |
| 8/2/2019 | 1.13 | 4.7% |
| 5/9/2019 | 1.13 | 4.6% |
| 2/14/2019 | 1.09 | 4.5% |
| 11/8/2018 | 1.09 | 4.7% |
| 8/3/2018 | 1.05 | 4.5% |
| 5/10/2018 | 1.05 | 4.5% |
| 2/8/2018 | 1.01 | 4.4% |
| 11/9/2017 | 1.01 | 4.3% |
| 8/11/2017 | 0.98 | 4.4% |
| 5/11/2017 | 0.98 | 4.4% |
| 2/9/2017 | 0.96 | 4.4% |
| 11/4/2016 | 0.96 | 4.5% |
| 8/5/2016 | 0.92 | 4.3% |
| 5/5/2016 | 0.92 | 4.4% |
| 11/5/2015 | 0.88 | 4.4% |
| 5/7/2015 | 0.84 | 3.9% |
| 2/12/2015 | 0.8 | 3.7% |
| 11/6/2014 | 0.8 | 3.8% |
| 8/7/2014 | 0.76 | 3.9% |
| 5/8/2014 | 0.76 | 3.8% |
| 2/13/2014 | 0.72 | 3.7% |
| 11/8/2013 | 0.72 | 3.9% |
| 8/8/2013 | 0.68 | 4% |
| 5/9/2013 | 0.68 | 4.1% |
| 2/15/2013 | 0.64 | 3.6% |
| 11/9/2012 | 0.64 | 3.9% |
| 8/3/2012 | 0.61 | 3.9% |
Stable Dividend: T's dividends per share have been stable in the past 10 years.
Growing Dividend: T's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (134.6%), T's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (254.5%), T's dividend payments are not well covered by cash flows.