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.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan