TELUS Corporation Declares Cash Dividend for Shareholders
TELUS Corporation Announces Cash Dividend for Shareholders
TELUS Corporation, a leading telecommunications and technology company, is pleased to inform its shareholders that the Board of Directors has declared a quarterly cash dividend. This is part of the company’s ongoing commitment to delivering value to its shareholders through consistent and dependable dividends.
Details of the Cash Dividend
The declared cash dividend is set at $0.4163 Canadian per share, applicable to the issued and outstanding common shares. This dividend payment signifies TELUS’s robust financial performance and ongoing dedication to returning capital to its investors.
Payment Schedule and Eligibility
Shareholders on record will receive this dividend payment on July 2, 2025. To qualify for this dividend, investors must be on the company’s record list by June 10, 2025. This timeline allows shareholders to ensure their eligibility and prepare accordingly.
Communication from Leadership
The announcement reflects the careful planning and strategic initiatives undertaken by TELUS’s management to enhance shareholder value. Andrea Wood, the Executive Vice President and Chief Legal and Governance Officer, emphasized the company’s commitment to its stakeholders.
About TELUS Corporation
Founded in 1990, TELUS Corporation has established itself as a major player in the telecommunications industry. Its extensive services include mobile communications, internet connectivity, and digital solutions, all designed to enhance quality of life and drive innovation.
Commitment to Community
TELUS is also recognized for its strong community engagement initiatives. The corporation invests in numerous programs that aim to improve the well-being of communities across the regions it serves, showcasing its commitment not just to shareholders, but to the public at large.
Future Outlook
As TELUS continues to navigate the evolving telecommunications landscape, the company remains focused on strategic growth and enhancing shareholder returns. This quarterly dividend mirrors the firm’s positive trajectory and financial resilience, providing reassurance to current and prospective investors.
Frequently Asked Questions
What is the amount of the dividend declared by TELUS Corporation?
The Board of Directors declared a dividend of $0.4163 Canadian per share.
When will the dividend be paid?
The dividend will be paid on July 2, 2025, to shareholders of record by June 10, 2025.
Who is the Executive Vice President announcing the dividend?
The announcement was made by Andrea Wood, Executive Vice President and Chief Legal and Governance Officer.
What is the focus of TELUS Corporation?
TELUS focuses on providing telecommunications and technology solutions while maintaining community engagement and shareholder value.
How does this dividend reflect TELUS’s financial health?
The consistent dividend payments showcase TELUS’s commitment to delivering shareholder returns and its strong financial performance.
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