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Telus Suspends Dividend Growth, Aims for Free Cash Flow Growth
ByAinvest
Wednesday, Dec 3, 2025 10:04 am ET1min read
Telus Corp. has paused its dividend growth plan, citing that its share price does not reflect its growth prospects. The company will maintain a quarterly dividend of 41.84 cents per share. Telus expects to generate $2.15 billion in free cash flow in 2025, with a 10% CAGR from 2026 to 2028. The company plans to phase out its discounted dividend reinvestment plan, with the discount decreasing to 1.5% in 2026 and 1% in 2027.
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