Dividend Growth of TELUS Corporation(TU)

TELUS Corporation(TU) is having a Dividend Yield of 4.34% with the Annual cash Dividend per share of $1.38. The last quarter cash dividend per share pay out was $0.36. TELUS Corporation has a 5 year average dividend yield of 4% and the stock has a Indicated annual dividend of $1.43. TELUS Corporation(TU) formally announced its most recent dividend on February 9, 2017 with a Dividend per share of $0.37. The new indicated annual dividend based on announced dividend per share is $1.47. The dividend yield based on the forward looking indicated annual dividend is 4.47%. TELUS Corporation(TU) has the most recent dividend payout ratio of 0.73 with a 5-year average payout ratio of 0.65. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.08. The 5 year historical dividend growth of TELUS Corporation(TU) is at the rate of 2.87% while the R-Squared dividend growth is 0.53. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

TELUS Corporation (NYSE:TU) rose 0.7% or 0.23 points on Thursday and made its way into the gainers of the day. After trading began at $32.92 the stock was seen hitting $33.24 as a peak level and $32.78 as the lowest level. The stock ended up at $33.15. The daily volume was measured at 516,945 shares. The 52-week high of the share price is $34.12 and the 52-week low is $27.76. The company has a market cap of $19,592 million. Shares of TELUS Corporation rose by 1.07% in the last five trading days and 1.07% for the last 4 weeks. TELUS Corporation is up 8.38% in the last 3-month period. Year-to-Date the stock performance stands at 4.08%.

Institutional Investors own 54.15% of TELUS Corporation shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.TELUS Corporation (USA) was Upgraded by National Bank Financial to Outperform on Feb 7, 2017.

TELUS Corporation (USA) Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.53 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.59. The company had revenue of $3305.00 million for the quarter, compared to analysts expectations of $3321.17 million. The companys revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.

Telus Corp is the largest telecommunications company in Western Canada and the second largest in the country. The company provides clients with a full range of telecommunications products and services including data, Internet Protocol, voice and TELUS Mobility wireless services across Canada.


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