Investors get a 4.6% yield from Telus Corp.

Investors get a 4.6% yield from Telus Corp.

New Internet and TV subscribers led to a 2.9% earnings bump for this company during the most-recent quarter.

A recent acquisition helps diversify the firm’s services away from declining demand for traditional phone service.

The company plans to keep increasing its dividend 7%-10% each year until 2022.

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TELUS… Read More

Telus expands a key niche

TELUS $47.42 (Toronto symbol T; Shares outstanding: 601.0 million; Market cap: $28.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; is Canada’s third-largest wireless carrier after Rogers Communications (No. 1) and Bell Mobility (No. 2). The company’s wireless business has 9.89 million subscribers and… Read More