TELUS Co. Plans Quarterly Dividend of $0.51 (T)

TELUS Co. (TSE:T) (NYSE:TU) declared a quarterly dividend on Thursday, February 8th, RTT News reports. Stockholders of record on Friday, March 9th will be paid a dividend of 0.505 per share on Monday, April 2nd. This represents a $2.02 annualized dividend and a dividend yield of 4.34%. The ex-dividend date is Thursday, March 8th.

Shares of TELUS (TSE:T) opened at C$46.58 on Wednesday. TELUS has a 52-week low of C$42.37 and a 52-week high of C$48.94. The stock has a market cap of $27,510.00, a PE ratio of 18.93 and a beta of 0.48.

A number of brokerages have issued reports on T. TD Securities upped their price target on shares of TELUS from C$51.00 to C$53.00 in a research note on Monday, November 27th. JPMorgan Chase & Co. cut their price objective on shares of TELUS from C$53.00 to C$50.00 in a research note on Monday, February 12th. Finally, Citigroup cut their price objective on shares of TELUS from C$54.00 to C$52.00 in a research note on Friday, February 9th. Five investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of C$50.92.

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TELUS Company Profile

TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.

Dividend History for TELUS (TSE:T)

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