#Canada #Vancouver #dividends #TELUS

TELUS Corporation Announces Quarterly Cash Dividend

On May 8, 2025, TELUS Corporation, based in Vancouver, British Columbia, declared a quarterly cash dividend of CAD $0.4163 per share for all issued and outstanding common shares. This decision by the Board of Directors demonstrates TELUS’ commitment to delivering value to its shareholders amid a dynamic market environment.

The dividend is scheduled to be paid on July 2, 2025, to shareholders recorded by the close of business on June 10, 2025. This announcement comes as part of TELUS’ ongoing strategy to maintain a reliable income stream for its investors, reflecting the company’s robust performance and continued growth trajectory.

Overall, this dividend payout embodies the financial stability and operational strength of TELUS. With a commitment to shareholder returns, the company's sustained financial health over the past years gives confidence to investors.

In the first quarter of 2025 alone, TELUS saw a significant increase in both mobile and fixed customers, with a total growth of 218,000—a 9,000 increase over last year—making it their strongest first quarter on record. This impressive growth marks a testament to TELUS’ innovative service offerings and continuous investment in enhancing customer experience.

The dividend announcement is anticipated positively by investors, as it continues a tradition of rewarding shareholders even amidst the uncertainties brought upon in recent years by various economic factors. With an ever-changing telecommunications landscape, TELUS is not only focused on growth in its customer base but also aims to strengthen its performance through strategic investments and foundational initiatives.

Andrea Wood, the Executive Vice President and Chief Legal and Governance Officer of TELUS, stated, “We are pleased to be able to announce this dividend, as it reflects our ongoing commitment to providing value for our shareholders and our dedication to fostering long-term relationships.”

As the telecommunications industry continues to evolve, TELUS aims to maximize its shareholder value and serve its community effectively. The cash dividend is indeed a marker of TELUS' financial prudence and a signal for future growth endeavors. Investors looking forward to the payout will appreciate the company’s commitment to proactive financial management and strategy execution.

In summary, TELUS Corporation's declaration of its quarterly cash dividend is a noteworthy highlight that emphasizes its consistent performance and positive outlook as they prepare for the future. The company remains focused on not only customer acquisitions but also enhancing its dividend policies, thereby underscoring the brand's focus on creating value for its stakeholders.

For updates on TELUS Corporation and future announcements, interested parties can connect with their investor relations team or follow their official communications. As always, monitoring the company's progress and strategic initiatives will be beneficial for stakeholders looking to understand the potential developments in TELUS’ operational landscape beyond 2025.