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 yield6.9%
Next dividend pay date04 Jul 23
Ex dividend date08 Jun 23
Dividend per shareCA$1.45
Earnings per shareCA$1.00
Dividend yield forecast in 3Y6.3%

Recent dividend updates

TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.3636

May 07
TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.3636

Investors Could Be Concerned With TELUS' (TSE:T) Returns On Capital

Apr 17
Investors Could Be Concerned With TELUS' (TSE:T) Returns On Capital

Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture

Jan 06
Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture

TELUS (TSE:T) Is Increasing Its Dividend To CA$0.3511

Nov 23
TELUS (TSE:T) Is Increasing Its Dividend To CA$0.3511

Recent updates

Are Investors Undervaluing TELUS Corporation (TSE:T) By 35%?

May 21
Are Investors Undervaluing TELUS Corporation (TSE:T) By 35%?

TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.3636

May 07
TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.3636

Investors Could Be Concerned With TELUS' (TSE:T) Returns On Capital

Apr 17
Investors Could Be Concerned With TELUS' (TSE:T) Returns On Capital

Is TELUS (TSE:T) Using Too Much Debt?

Mar 18
Is TELUS (TSE:T) Using Too Much Debt?

Are Investors Undervaluing TELUS Corporation (TSE:T) By 43%?

Feb 05
Are Investors Undervaluing TELUS Corporation (TSE:T) By 43%?

Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture

Jan 06
Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture

These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively

Dec 08
These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively

TELUS (TSE:T) Is Increasing Its Dividend To CA$0.3511

Nov 23
TELUS (TSE:T) Is Increasing Its Dividend To CA$0.3511

Some Investors May Be Worried About TELUS' (TSE:T) Returns On Capital

Oct 02
Some Investors May Be Worried About TELUS' (TSE:T) Returns On Capital

TELUS (TSE:T) Takes On Some Risk With Its Use Of Debt

Aug 31
TELUS (TSE:T) Takes On Some Risk With Its Use Of Debt

The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence

Jun 30
The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence

TELUS (TSE:T) Is Increasing Its Dividend To CA$0.34

May 31
TELUS (TSE:T) Is Increasing Its Dividend To CA$0.34

Is TELUS (TSE:T) A Risky Investment?

May 28
Is TELUS (TSE:T) A Risky Investment?

TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year

May 10
TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year

The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence

Mar 26
The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence

Here's Why TELUS (TSE:T) Has A Meaningful Debt Burden

Feb 07
Here's Why TELUS (TSE:T) Has A Meaningful Debt Burden

TELUS (TSE:T) Will Be Hoping To Turn Its Returns On Capital Around

Dec 22
TELUS (TSE:T) Will Be Hoping To Turn Its Returns On Capital Around

TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.33

Dec 07
TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.33

TELUS' (TSE:T) Dividend Will Be Increased To CA$0.33

Nov 09
TELUS' (TSE:T) Dividend Will Be Increased To CA$0.33

These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively

Oct 26
These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively

TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year

Aug 23
TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year

TELUS' (TSE:T) Returns On Capital Not Reflecting Well On The Business

Aug 20
TELUS' (TSE:T) Returns On Capital Not Reflecting Well On The Business

TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year

Aug 05
TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year

TELUS (TSE:T) Has A Somewhat Strained Balance Sheet

May 17
TELUS (TSE:T) Has A Somewhat Strained Balance Sheet

TELUS Corporation's (TSE:T) CEO Compensation Looks Acceptable To Us And Here's Why

May 01
TELUS Corporation's (TSE:T) CEO Compensation Looks Acceptable To Us And Here's Why

The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence

Mar 29
The Returns On Capital At TELUS (TSE:T) Don't Inspire Confidence

Trade Alert: The Executive VP & Chief Customer Officer Of TELUS Corporation (TSE:T), Tony Geheran, Has Sold Some Shares Recently

Mar 16
Trade Alert: The Executive VP & Chief Customer Officer Of TELUS Corporation (TSE:T), Tony Geheran, Has Sold Some Shares Recently

Here's Why We're Wary Of Buying TELUS' (TSE:T) For Its Upcoming Dividend

Mar 05
Here's Why We're Wary Of Buying TELUS' (TSE:T) For Its Upcoming Dividend

Have Insiders Sold TELUS Corporation (TSE:T) Shares Recently?

Mar 01
Have Insiders Sold TELUS Corporation (TSE:T) Shares Recently?

Is TELUS Corporation (TSE:T) An Attractive Dividend Stock?

Feb 15
Is TELUS Corporation (TSE:T) An Attractive Dividend Stock?

Upcoming Dividend Payment

TodayMay 27 2023Ex Dividend DateJun 08 2023Dividend Pay DateJul 04 202326 days from Ex DividendBuy in the next 11 days to receive the upcoming dividend

Dividend Yield vs Market

TELUS Dividend Yield vs Market
How does T dividend yield compare to the market?
SegmentDividend 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

How stable has TELUS's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20251.676.3%
12/31/20241.555.9%
12/31/20231.455.5%
5/26/20231.455.5%
5/5/20231.455.3%
5/4/20231.455.2%
2/9/20231.45.1%
11/5/20221.45%
11/4/20221.44.9%
8/6/20221.354.7%
5/7/20221.354.5%
5/6/20221.354.2%
2/10/20221.314%
11/5/20211.314.4%
7/30/20211.264.4%
5/7/20211.264.6%
2/11/20211.244.8%
11/6/20201.244.8%
5/7/20201.175%
2/13/20201.175%
11/7/20191.174.6%
8/2/20191.134.7%
5/9/20191.134.6%
2/14/20191.094.5%
11/8/20181.094.7%
8/3/20181.054.5%
5/10/20181.054.5%
2/8/20181.014.4%
11/9/20171.014.3%
8/11/20170.984.4%
5/11/20170.984.4%
2/9/20170.964.4%
11/4/20160.964.5%
8/5/20160.924.3%
5/5/20160.924.4%
11/5/20150.884.4%
5/7/20150.843.9%
2/12/20150.83.7%
11/6/20140.83.8%
8/7/20140.763.9%
5/8/20140.763.8%
2/13/20140.723.7%
11/8/20130.723.9%
8/8/20130.684%
5/9/20130.684.1%
2/15/20130.643.6%
11/9/20120.643.9%
8/3/20120.613.9%

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.


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