TELUS Corporation: Premier Canadian Telecom with Increasing Dividend Potential

Reported 2 days ago

TELUS Corporation (NYSE:TU) is a leading telecommunications provider in Canada, serving over 9 million mobile users and accounting for a third of the market. The company recently upgraded its network to fiber optic technology and reported a strong financial performance in Q1 2025, with a 22% increase in free cash flow. TELUS plans to continue its dividend growth program, aiming for annual increases of 3% to 8% from 2026 to 2028, and has a strong history of raising dividends since 2004.

Source: YAHOO

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