Telus Halts Dividend Hikes to Reduce Debt Amid Share Price Decline
ByAinvest
Wednesday, Dec 3, 2025 7:52 am ET1min read
TU--
Telus Corp. has paused future dividend increases to cut debt, citing pressure from investors over its debt levels and lack of growth. Shares have fallen 19% in the past three months, and the dividend yield has risen to over 9%. The company aims to reduce its leverage ratio to 3.3 times EBITDA by the end of 2023.
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