TELUS Corporation

NYSE:TU Stock Report

Market Cap: US$16.1b

TELUS Dividends and Buybacks

Dividend criteria checks 4/6

TELUS is a dividend paying company with a current yield of 11.64%.

Key information

11.6%

Dividend yield

0.2%

Buyback Yield

Total Shareholder Yield11.8%
Future Dividend Yield11.9%
Dividend Growth6.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio278%

Recent dividend and buyback updates

Recent updates

Seeking Alpha • Jul 21

TELUS: Why A Dividend Cut Is A Must (Rating Downgrade)

Summary TELUS Corporation faces unsustainable dividend payouts, high leverage, and regulatory headwinds, leading to a Hold rating and a $13/share price target. Despite diversified growth in healthcare, agri-tech, and AI, T struggles with margin pressure, elevated churn, and a price war in Canadian telecom. The current 11%+ yield is at risk; a 35-40% dividend cut is likely required to restore financial health and unlock future upside. I await a dividend reset and improved valuation—preferably near $13/share—before considering TU stock for investment. Read the full article on Seeking Alpha
Seeking Alpha • Nov 14

TELUS: Why It Might Be Time To Buy The Stock Soon

Summary TELUS, Canada's largest telco, is undervalued and presents a solid investment opportunity with a potential 16% annualized upside until 2026, despite recent earnings challenges. The company's heavy investments in fiber infrastructure and wireless segments position it for future growth, with a 7% yield and improving free cash flow. TELUS's non-telco investments pose risks, but its core business remains strong, and the dividend is expected to stay on track. With a fair value target of $29 CAD/share, TU is a "Buy" due to its growth potential, stability, and attractive yield. Read the full article on Seeking Alpha
Seeking Alpha • Oct 01

AT&T: Deleveraging Complete With DirecTV Sale, Now Comes The Hard Part

Summary We previously shifted our stance on AT&T to neutral due to a balanced risk-reward. The sale of DirecTV, despite a significant loss, aids AT&T's deleveraging and refocuses on its core business. AT&T offers an attractive earnings yield of 10% and free cash flow yield of 12%, but faces bigger risks in 2025. Read the full article on Seeking Alpha
Seeking Alpha • Mar 27

AT&T: Revisiting That Switch From TELUS Idea

Summary Analysis requires patience and a focus on fundamentals, even when unpopular. TELUS Corporation initially outperformed AT&T Inc., but eventually AT&T caught up and outperformed by 22%. We examine that switch call and see whether we would make a similar bet today. Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TU's dividends per share have been stable in the past 10 years.

Growing Dividend: TU's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

TELUS Dividend Yield vs Market
How does TU dividend yield compare to the market?
SegmentDividend Yield
Company (TU)11.6%
Market Bottom 25% (US)1.3%
Market Top 25% (US)4.1%
Industry Average (Telecom)5.6%
Analyst forecast (TU) (up to 3 years)11.9%

Notable Dividend: TU's dividend (11.64%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: TU's dividend (11.64%) is in the top 25% of dividend payers in the US market (4.1%)

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (277.5%), TU's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (138.4%), TU's dividend payments are not well covered by cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/22 20:06
End of Day Share Price 2026/07/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TELUS Corporation is covered by 31 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amman SaeedAccountability Research Corporation
David McFadgenATB Cormark
Phillip HuangBarclays