Am I EXCITED About the Hiked Dividend ???__You BETCHA I AM !!!!!!!!!!!
With the Latest HIKE to 35.11 Cents per quarter__THIS Moves my Current YIELD to 23.4%
Which MEANS that From NOW ON__
Every 4 Years I WILL Keep Getting BACK in Dividends the
TOTAL COST of My Telus Shares__and THIS is VERY Significant in that Telus HAS BEEN My
Largest Holding BY FAR Since 2002 When I REALLY Loaded UP__to Vastly TOP UP my Original
1990 IPO shares.
CHECK THIS OUT__to SEE How MUCH and HOW Regularily Telus Dividends HAVE Risen__This Site has DATA going all the way Back to 2003__When the Quarterly Dividend was 3.75 Cents__So the Current NEW Rate is OVER 9 TIMES as much__
Buy and Hold TRULY EXEMPLIFIED eh !!!!!! https://dividendhistory.org/payout/tsx/T/ Alberta Government Telephones adopted the name Telus in October 1990, after the province decided to sell shares in the Crown corporation to the public.
The initial public offering featured 75 million shares at $12. A year later the government sold its remaining 54 million shares at $15.
ONLY We ALBERTANS Were ALLOWED to BUY a QUOTA of THESE ORIGINAL Shares
With the TWO Share SPLITS Since 1990__Those $12 and $15 Shares HAVE a COST BASE
of ONLY $3 and $3.75__Took a DECADE and Bit of DIVIDENDS to GET ALL MY COST
BASE BACK
Needless to Say__TELUS Has BEEN My TOP HOLDING__BOTH Current VALUE and DIVIDEND PayOut Each Year__and WILL BE Still in My Holdings UPON DEATH.