TELUS Corp T.T

Future Telus 10%

[TheeRook]

MF talks about Telus paying out 10% if U buy cheap and hold for the increaing dividend payout.
Telus did forgo the Div increase this year though.

Here’s How You Can Get a Safe Dividend Stock That Pays 10%

David Jagielski

The Motley Fool July 26, 2020
 

Investing in the right dividend stock is key

Instead of focusing on stock’s dividend yield, income investors need to be looking for dividend stocks that regularly increase their payouts. If a company increases its dividend on a regular basis then over time your dividend income will increase and you’ll earn more without having to invest additional funds into the stock.

Let’s take a look at telecom giant Telus (TSX:T)(NYSE:TU) as an example.

Currently, Telus pays its shareholders a quarterly dividend of $0.29125. If you were to buy the stock at a price of $23 per share, your annual dividend yield today would be a little over 5%. While that’s a good payout, it’s nowhere near 10%.

But if you look at where the dividend payments were five years ago, when it was paying $0.21 (adjusted for stock splits), they’ve grown by 39% since then. That averages out to an annual increase of 6.8% each year. Next, let’s take a look at how the dividend income could grow over the years.


https://ca.finance.yahoo.com/news/safe-dividend-stock-pays-10-180009713.html

[humanist945]

The Buffett view would be that Telus and others more pure play telcos are like a internet/data pipelines and distributors. There will be more networks stress though with work from home, so they will have to accelerate infrastructure and network upgrade spending.  in the world of reflationary policy, this is a better place to park your cash, not to mention the dividend.