TELUS Corporation Declares Quarterly Cash Dividend Announcement

Author: Evelyn Baker Updated: 02-13-2025 06:54 AM

TELUS Corporation Announces Quarterly Dividend

TELUS Corporation, a well-known telecommunications company, has recently declared an exciting development regarding its quarterly dividends. This announcement provides insight into the company's financial health and commitment to returning value to its shareholders.

Details of the Declared Dividend

The Board of Directors of TELUS Corporation has officially declared a quarterly dividend of $0.4023 Canadian per share. This dividend is payable on April 1 to all shareholders who are on record as of March 11. Such financial moves are typically seen as a positive signal to investors and reflect the company’s continuing profitability and growth.

Investment Implications

For current shareholders, this dividend represents a reliable income stream from their investments. It is an affirmation of TELUS Corporation’s strong performance in the industry. The decision to issue dividends often illustrates management's confidence in the company’s ongoing operations and market position.

Corporate Leadership and Communication

Andrea Wood, the Executive Vice President and Chief Legal and Governance Officer, has overseen this announcement. The transparency with which the company operates, from the declaration of dividends to other corporate communications, fosters trust among its investors. Concise and clear messaging helps to cultivate a solid relationship with shareholders.

About TELUS Corporation

TELUS Corporation is dedicated to serving its clients through high-quality telecommunications services. With a commitment to innovation and customer satisfaction, TELUS is positioned as a leader in the industry, providing various services, including mobile, internet, and television. This dividend announcement is a slice of the broader narrative reflecting the company’s dedication to its stakeholder's success and the strategic initiatives put in place to maintain robust financial growth.

Frequently Asked Questions

What is the amount of the declared dividend by TELUS Corporation?

The declared quarterly dividend by TELUS Corporation is $0.4023 Canadian per share.

When will the dividend be payable?

The dividend will be payable on April 1 of the respective year to shareholders who are on record as of March 11.

Who announced the dividend declaration?

The announcement was made by Andrea Wood, the Executive Vice President and Chief Legal and Governance Officer of TELUS Corporation.

How does this dividend impact shareholders?

This announced dividend provides shareholders with a regular income stream, indicating the company’s strong financial health and commitment to returning value.

What services does TELUS Corporation provide?

TELUS Corporation is involved in telecommunications services, including mobile, internet, and television, consistently aiming to meet customer needs.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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