TELUS Corporation
TUCommunication Services · Stock · quarterly payer
$12.28
Add to PortfolioForward Yield
9.99%
Annual Dividend
$1.23
Payout Ratio
278%
5-Yr Growth
5.9%
Ex-Date
Jun 10, 2026
Frequency
Quarterly
TU Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak9 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage278% of earnings paid out
Free-cash-flow coverage81% of free cash flow
Balance-sheet strengthDebt/equity of 1.90
Yield vs its historyYield is 1.9× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TU a good dividend stock?
Yes, with caveatsTELUS Corporation (TU) pays a quarterly dividend yielding 9.99% ($1.23/yr), with 10 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- 10 consecutive years of dividend growth
- Strong 5.9% 5-yr dividend growth
Risks
- Cut its dividend in 2015
- Elevated payout ratio (278%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.99%
- Payout Ratio
- 278%
- Annual Dividend
- $1.23
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Jun 10, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.73
- Market Cap
- $19.2B
- P/E Ratio
- 28.6
- 5-Yr Total Return
- -45%
- 52-Week Range
- $11.69 – $16.74
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 11, 2026 | — | $0.3080 | regular |
| Jun 10, 2025 | — | $0.3040 | regular |
| Mar 11, 2025 | — | $0.2790 | regular |
| Dec 11, 2024 | — | $0.2840 | regular |
| Sep 10, 2024 | — | $0.2870 | regular |
| Jun 10, 2024 | — | $0.2830 | regular |
| Mar 8, 2024 | — | $0.2790 | regular |
| Dec 8, 2023 | — | $0.2770 | regular |
| Sep 7, 2023 | — | $0.2670 | regular |
| Jun 8, 2023 | — | $0.2720 | regular |
| Mar 9, 2023 | — | $0.2550 | regular |
| Dec 8, 2022 | — | $0.2570 | regular |
| Sep 8, 2022 | — | $0.2580 | regular |
| Jun 9, 2022 | — | $0.2700 | regular |
Income Calculator
At $1.23 / yr per share
Per payment (quarterly)$30.75
Annual$123.00
Monthly avg$10.25
