TELUS Co. (T) To Go Ex-Dividend on December 8th

TELUS Co. (TSE:T) (NYSE:TU) declared a quarterly dividend on Thursday, November 9th, Zacks reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.505 per share on Tuesday, January 2nd. This represents a $2.02 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend is Friday, December 8th. This is a boost from TELUS’s previous quarterly dividend of $0.49.

Shares of TELUS (T) opened at C$48.15 on Thursday. TELUS has a 52-week low of C$41.64 and a 52-week high of C$48.94.

T has been the subject of several research analyst reports. Barclays boosted their target price on TELUS from C$52.00 to C$53.00 in a research note on Monday, November 13th. BMO Capital Markets boosted their target price on TELUS from C$47.00 to C$49.00 in a research note on Monday, November 13th. Canaccord Genuity boosted their target price on TELUS from C$50.00 to C$51.00 in a research note on Monday, November 13th. CIBC boosted their target price on TELUS from C$48.00 to C$50.00 in a research note on Monday, November 13th. Finally, Citigroup boosted their target price on TELUS from C$52.00 to C$54.00 in a research note on Monday, November 13th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. TELUS currently has a consensus rating of “Buy” and a consensus price target of C$51.25.

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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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