TELUS Co. (TSE:T) (NYSE:TU) declared a quarterly dividend on Friday, August 11th, RTT News reports. Shareholders of record on Friday, September 8th will be given a dividend of 0.4925 per share on Monday, October 2nd. This represents a $1.97 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Thursday, September 7th. This is a positive change from TELUS’s previous quarterly dividend of $0.48.

TELUS (T) opened at 44.85 on Wednesday.

T has been the topic of several recent research reports. TD Securities increased their price objective on TELUS from C$47.00 to C$49.00 and gave the company a “hold” rating in a research report on Friday, May 12th. Royal Bank Of Canada increased their price objective on TELUS from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a research report on Monday, May 15th. Morgan Stanley increased their price objective on TELUS from C$44.00 to C$46.00 in a research report on Wednesday, May 17th. Finally, Scotiabank increased their price objective on TELUS from C$46.00 to C$48.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 17th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of C$47.56.

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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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