TELUS Corp T.T

Bot sum

[ANALOG GUY]

10,000 shares at $23.20

going to open tomorrow at  $22.85 (after the dividend is subtracted)

[ANALOG GUY]

Sold my shares at $23.10 so that's a $1000 capital loss, which I can put against my capital gains this year  collecting a $3636 dividend on Oct 2 i think I did ok for an old guy GLTA

[Niceneasydoesit]

Yep. With a 170% payout ratio, who knows when they cut the divi. 

[Milhouse123]

Page 16 of the Q2 MD&A and Financial Statements doc: Common Share dividend payout ratio of 60 to 75% of free cash flow on a prospective basis – Our objective range is on a prospective basis. The Common Share dividend payout ratio1 we present in this MD&A is a historical measure utilizing the dividends declared in the most recent four quarters, net of dividend reinvestment plan effects

[Niceneasydoesit]

Thanks. Globe and mail calls out 170% ...so, now I need to understand that. 

[Niceneasydoesit]

The text says they are 87% outside the 60-75% range objective....so..?..

[Milhouse123]

So... what was the explanation in the second half of the sentence on why they were outside their target range?  

[Niceneasydoesit]

It talks about if you exclude what they seem to claim is an extraordinary and one off expense, it is in line. I guess if you exclude things you can make any metric work .

[buttertart]

You guys are hilarious with all this analysis. How much time you guys spend wasting time looking at insignificant number. It doesn't take a genius to figure out that this stock never hardly every goes up. If it does move up, within a week it is down 3 times as much. Good luck. 

[Niceneasydoesit]

I'm not in the stock. I'm sniffing around here and hoping to catch a bottom to coincide with a peaking rate increase cycle ( i hope) and  secure a juicy divi for 2024.   Is that laughable?

[Milhouse123]

You kind of funny yourself as you seem to disappear any time the share price rises for a few days.  lol

[ANALOG GUY]

  ain't that the truth :)  

[Canadabest]

You're hilarious.  You've owned a stock for what, 6 months? and you haven't tripled your money.  Must be a terrible stock.   Looking at your comment history on other boards all you comment is how they suck.  Maybe stick to a high interest savings account at 1-2%.