05-08-2014, 11:57 AM
Telus (TU +0.7%) has used its Q1 report to announce it's hiking its quarterly dividend by C$0.02/share to C$0.38/share ($0.342/share). The dividend implies a forward yield of 3.7%.
Over the last year, they've already had 2 dividend hikes at about a 12.5% rate (Canadian $). Currency fluctuations have masked that in the US.
Over the last year, they've already had 2 dividend hikes at about a 12.5% rate (Canadian $). Currency fluctuations have masked that in the US.