TELUS Continues Dividend Payouts, Invests $2B in Broadband Services

TELUS Corporation has announced a CAD 0.4163 per share quarterly dividend, maintaining its steady dividend policy. The company plans a $2 billion investment in broadband services for Ontario and Quebec. Key dates include a dividend payable on October 1 and record/ex-dividend date on September 10. TELUS's strategic investments aim to strengthen its market position and drive long-term growth.

TELUS Corporation has announced a quarterly dividend of CAD 0.4163 per share, maintaining its steady dividend policy [1]. The dividend will be payable on October 1, 2025, to shareholders of record as of the close of business on September 10, 2025 [1].

In addition to the dividend announcement, TELUS Corporation has outlined plans for a significant investment in broadband services for Ontario and Quebec, totaling CAD 2 billion [3]. This strategic investment aims to strengthen the company's market position and drive long-term growth.

The company's strong financial performance in the second quarter of 2025 is evident in its operating revenue and adjusted EBITDA growth of 2 and 4 percent, respectively [3]. The company also reported a 16 percent increase in operating revenue and a 29 percent growth in adjusted EBITDA for its TELUS Health segment [3].

TELUS Corporation's financial position remains robust, with a leverage ratio declining to 3.7 times, down from 3.9 times in the first quarter of 2025 [3]. The company is targeting a net debt to EBITDA ratio of 3 times by 2027, with plans to remove the discount associated with its dividend reinvestment program [3].

The company's commitment to operational excellence and customer service is evident in its continued strong customer growth and loyalty results [3]. TELUS Corporation is well-positioned to drive strong, sustainable performance as it maintains its focus on profitable growth and strategic initiatives in customer expansion, product innovation, and service enhancement [3].

References:
[1] https://www.easternprogress.com/telus-corporation---notice-of-cash-dividend/article_9384e92e-c3f4-5e0b-927f-119f384d42c8.html
[2] https://www.stocktitan.net/news/TU/telus-corporation-notice-of-cash-0zkaxioenfqd.html
[3] https://www.telus.com/about/news-and-events/media-releases/telus-reports-operational-and-financial-results-for-second-quarter-2025