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Telus Stock: Buy, Sell, or Hold After Q2 Report?
The telecom company said the smaller payout will fund debt reduction and strengthen its balance sheet as analysts downgraded the stock.
Summary by The Motley Fool Canada
2 Articles
2 Articles
Telus Stock: Buy, Sell, or Hold After Q2 Report?
Canadian telecom investors received a painful blow following TELUSâs (TSX:T) second-quarter (Q2 2026) earnings report on July 31. The stock has slid by 11.6% since the announcement, bringing its year-to-date decline to 21.1%. The main culprit? A 55.2% dividend cut executed by newly installed CEO Victor Dodig and CFO Gopi Chande, who assumed leadership on July 1, 2026. The payout reduction stings passive income investors while resetting the yie…
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Total News Sources2
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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