Telus Dividend Update: Essential Information Ahead of Jun 10, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Friday, Jun 6, 2025 7:20 pm ET1min read
Telus Corporation (TU) has recently announced a cash dividend of $0.299 per share, with the ex-dividend date set for Jun 10, 2025. This announcement was made on May 9, 2025, with the dividend payout scheduled for Jul 2, 2025. Interestingly, the current dividend is lower than the average of the last ten dividends, which stands at approximately $0.331 per share. The most recent prior dividend was issued on Apr 1, 2025, at $0.283 per share, also as a cash dividend. These figures indicate a slight increase from the previous dividend, reflecting a consistent dividend policy.

Recently, has been at the center of significant developments. Over the past week, has successfully implemented 5G priority slice technology to bolster public safety during the Edmonton Oilers playoff season. This technological advancement highlights TELUS's commitment to enhancing its service offerings and supporting community safety initiatives. Meanwhile, the company has announced substantial investments in large data centers alongside Bell Canada, positioning itself as a key player in the AI infrastructure space. This move is expected to have a considerable impact on TELUS's operational capabilities and market presence. Furthermore, TELUS's commitment to growth is underscored by its acquisition of LifeWorks, a strategic move to expand its service portfolio. This acquisition involves a transaction valued at C$2.3 billion, alongside the assumption of C$600 million in debt. Analysts have indicated that this acquisition could enhance TELUS's market competitiveness and drive long-term growth.

In conclusion, TELUS Corporation continues to demonstrate a strong commitment to technological innovation and strategic growth. As the ex-dividend date of Jun 10, 2025, approaches, potential investors should note that this is the last day to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend payout.

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