TELUS Stock Shows Strong Performance with Extended Dividend Program and Strategic Growth
Dividend Growth and Financial Performance
TELUS recently declared a quarterly dividend of $0.4163 per share, scheduled for payment on October 1, 2025, to shareholders of record as of September 10, 2025. This represents a 7 percent increase from the previous year’s dividend.
The company has announced its fifth extension of the industry-leading dividend growth program, targeting 3 to 8 percent annual growth for 2026 through 2028. This growth will be supported by strong EBITDA performance and moderating capital expenditure.
Operational Excellence and Market Position
TELUS has demonstrated industry-leading total Mobile and Fixed customer growth of 198,000, driven by strong demand for their bundled services and strategic expansion. The company’s success is evidenced by the addition of over 1,200,000 new customers through their bundled product offerings across mobile and home services, leading to a positive market outlook.
Strategic Initiatives and Future Outlook
The company maintains a strong financial position and operational outlook, supported by continued EBITDA growth and stable capital expenditures, leading to meaningful free cash flow expansion. This growth is further enhanced by value creation in their growth businesses and asset monetization opportunities. Notable among these is a recently announced definitive agreement with La Caisse, who will acquire a 49.9 percent interest in a newly formed Canadian wireless tower infrastructure operator, Terrion, for $1.26 billion.
Sustainability Leadership
TELUS has been recognized among Canada’s Most Responsible Companies 2025 by Newsweek and Statista, ranking in the top three and leading the media and telecommunications industry. The company has been acknowledged for global leadership in sustainability by TIME Magazine, ranking 21st out of 500 global companies overall. Notably, TELUS stands as the most sustainable telecommunications company in Canada and the second most sustainable Canadian company overall.
