Post by
barneyj44 on Mar 01, 2023 2:06pm
Anyone adding shares?
I've added here and there but with this market it ain't working. Is it the possibility of strike action?
Comment by
robertbig on Mar 01, 2023 8:44pm
i mean it is not yielding much more than a GIC, so my guess is it has mostly moved down on interest rate.... the spread is pretty thin.... that said, i did nibble some at this price, half decent chance it's back above $29 in the next year or two, and in the mean time, take the 5.19% dividend....
Comment by
Red_Deer on Mar 02, 2023 5:13am
GIC Interest IS 100% Taxable Income JUST LIKE Salary Income__BUT With the DIVIDEND TAX CREDIT the After Tax Yield of the Telus Dividend WILL BE in the 8/9 % Range DEPENDING Upon Your TAX BRACKET
Comment by
Schussing56 on Mar 02, 2023 7:47am
Added a few shares last month. Probably still a good long-term play but short-term, need to wait and see how the Rogers/Shaw deal plays out. Telus has great infrastructure, but need to improve service. I would have left them already if it wasn't for the fact that they built the communications room in my building. I pay them $26 a day for parking when I drive into Vancouver.
Comment by
Dibah420 on Mar 04, 2023 11:02am
I did, when it dropped briefly below $27. Content to sit back and collect the div.
Comment by
barneyj44 on Mar 10, 2023 3:23pm
I probably should be adding as well but getting a little gun shy of late.
Comment by
TimeBuilder on Mar 12, 2023 6:01pm
AGREE would also like to ADD a few BUT !!!!!!!!
Comment by
Nayboring on Mar 17, 2023 12:28pm
There will be no strike. Employees have ratified the new contract by a 70%+ majority.