Telus Hits Pause on Dividend Increases, Expects Free Cash Flow to Grow (Business)

Telus hits pause on dividend increases, expects free cash flow to grow (Business)

Telus Corp. is hitting pause on its dividend growth plan until it says its share price reflects its growth prospects. The company says it will continue to pay a quarterly dividend at 41.84 cents per share. The current payment gives it an annual yield of nearly 9.2 per cent, based on its share price ...

Telus pauses dividend hikes to trim its debt as share price drops

Telus Corp. said it’s putting future dividend increases on hold, responding to pressure from investors about its debt.

Telus halts dividend increases after analysts call payout growth plan unsustainable

Decision follows a drop in the telecom’s stock as concerns mounted over its debt load