TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Wireless and Wireline segments.
TSE T- Canadian Dividend aristocrat
Telus trades in the Toronto Stock Exchange (TSE). Telus is a dividend aristocrat stock with 17 years of consecutive dividend increases!. The list of Canadian ”Dividend Aristocrats” stocks is managed by the firm Standard and Poors. The index is titled the S&P Canadian Dividend Aristocrats. It requires a minimum of 5 years of successive dividend increases. For the full list of Canadian Dividend Aristocrats stocks, please follow the link here.
TSE T – Dividend profile
Telus stock offers an attractive yield of 4.50%. The dividend is not safe as the pay out ratio is over 100%. The telecom company increased its dividends for 17 consecutive years which is a sign of a solid financial situation.
The dividend growth in the past five years was 7%. This is really good news for any investor. The continuous increase in dividends helps investor cope with the impact of inflation.
The Beta is a measure of volatility. Telus’s Beta is at 0.5 meaning the stock is less volatile than the overall market.
Telus witnessed a modest growth in revenues in the past 5 years mainly due to the impact of the pandemic on travel activites (which generate very profitable roaming charges).
TSE-T – Analysis and financial data
Telus offers stable dividend. It’s somewhat similar to a bond with better return. The company enjoys being part of an industry that has high barriers to entry. The competition is limited to the usual players such as BCE, Rogers…etc. The industry itself can be viewed as an oligopoly. Many analysts consider the dividend to be safe but warn of limited growth.
| Symbol | T.TO |
| Name | Telus Corp |
| Market Cap, $K | 39,645,930 |
| Div Yield | 4.50% |
| Div Payout% | 132.08% |
| 5Y Div% | 7.12% |
| 5Y Earn% | -3.87% |
| 5Y Rev% | 4.30% |
| P/E (ttm) | 30.66 |
| Beta | 0.5 |
| Links |
Analyst ratings
| Type | Current 11/23/20 to 11/23/21 |
|---|---|
| Consensus Rating | Buy |
| Strong Buy | 0 Strong Buy rating(s) |
| Buy | 8 Buy rating(s) |
| Hold | 1 Hold rating(s) |
| Sell | 0 Sell rating(s) |
| Consensus Price Target | C$31.17 |
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