TELUS Corporation Notice of Cash Dividend

(Neutral)

Rhea-AI Summary

The Board of Directors has announced a quarterly dividend of $0.3511 Canadian per share on common shares, set to be paid on January 3, 2023. Shareholders of record must own shares by the close of business on December 9, 2022. This declaration reflects the company’s commitment to returning value to shareholders.

Positive

Quarterly dividend of $0.3511 Canadian per share declared.
Dividend payment demonstrates commitment to shareholder returns.

Negative

None.

News Market Reaction – TU

+4.46%

+4.46% Session move

In the trading session that priced this news, TU gained 4.46%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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11/04/2022 - 06:50 AM

VANCOUVER, British Columbia, Nov. 04, 2022 (GLOBE NEWSWIRE) -- NOTICE IS HEREBY GIVEN that the Board of Directors has declared a quarterly dividend of $0.3511 Canadian per share on the issued and outstanding Common shares payable on January 3, 2023 to shareholders of record at the close of business on December 9, 2022.

By order of the Board

Andrea Wood
Chief Legal and Governance Officer

Vancouver, British Columbia
November 3, 2022

Contact: Investor Relations
1-800-667-4871
ir@telus.com

FAQ

What is the dividend amount declared by TU?

The dividend amount declared by TU is $0.3511 Canadian per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 3, 2023.

What is the record date for TU's dividend?

The record date for TU's dividend is December 9, 2022.

How often does TU pay dividends?

TU typically pays dividends quarterly.

Is TU's dividend sustainable?

The sustainability of TU's dividend will depend on its financial performance and cash flow.