!!!!!,,,,,,18 BILLION $$$$ in Dividends...Since 2004 !!!!!!! This NEWS has Already BEEN Posted__But I Have HIGHLIGHTED the MOST RELEVANT
Part for Millions of Ordinary ShareHolders__MANY Who__Like MySelf__ Have BEEN IN
since the 1990 IPO__LIVING OFF the Steady, EVER INCREASING Dividend Stream.
TELUS CEO Darren Entwistle announces purchase of additional TELUS shares
VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- On March 13, TELUS President and CEO Darren Entwistle purchased 150,400 additional common shares and now holds a total of 556,904 TELUS common shares.
Investing significantly in TELUS shares is consistent with Mr. Entwistle's past practice, aligning his interests with those of TELUS' close to 1.2 million shareholders, including the many Canadians who count on their investment in TELUS to support their retirement income. Moreover, it demonstrates his continuing strong confidence in the Company's strategy and global industry-best growth profile, underpinned by strong operating momentum across its telecom business, bolstered by TELUS International, TELUS Health and TELUS Agriculture & Consumer Goods.
Reflecting Mr. Entwistle's confidence in the financial and operational health of the TELUS organization, the consistent and long-term strategy it is delivering and the skill of the TELUS team, Darren took his salary in shares for six consecutive years from 2009 through 2015.
When TELUS released its distinctly positive fourth quarter financial results in February, Mr. Entwistle noted the Company's strong targeted revenue and EBITDA growth of up to 14 and 11 per cent respectively, and robust free cash flow growth of nearly 60 per cent, to approximately $2.0 billion, in 2023, will support the Company's value creation, balance sheet strength and the continued progression of its leading multi-year dividend growth program, now in its thirteenth year, and extended last year through to the end of 2025. Since 2004, TELUS has yielded $18 billion in dividends and $16 per share overall.