Telus Corp T.T

Legacy Business

[Dibah420]

...may seem "dead" to some but there is nothing like it for generating reliable cash flow month after month.  I added some on Friday,

Telus Corp. Brief: Adds no change to its TELUS investment thesis or Outlook for the Canadian telecom sector

MT Newswires - Jul 17, 2023 8:57 AM EDT

[amugsgame]

Trying to understand the logic of a sticking with a stock that's lost 25% over the last year to collect a small dividend. If it's not in a TFSA/RRSP may be smart to take a capital loss and use it against any capital gains.Can always buy it back in a month and it may start to move up again since Telus looks like it's just completed a H & S pattern on the 3 year chart   

[SargeX]

Pretty easy to understand the logic in that different people have different investment strategies and goals. My wife & I are retirees living off dividend income so capital apprecaition doesn't really matter (other than for "bragging" rights). What matters is a company generally having regular dividend increases and of course, avoiding divy cuts. As I've mentioned previously

[ANALOG GUY]

Sarge you mentioned trading fees and dividends  I recently started moving accounts from TD + Scotia because I was tired of trading fees  Nation Bank Direct Brokerage offers Commission free trading  then I discovered another positive  their "income sweep account " sends you your dividends the next business day after they are paid  I get dividends 3 or 4 times

[ANALOG GUY]

Forgot 1 thing they pay the transfer fee as well  up to $150 per account 

[SargeX]

Thanks for the suggestions but I'm very pleased with RBC DI. My wife & I do all our banking, credit cards, and investments with them and it's nice haivng everything in one place. The dividend cash always shows up on time. Take her easy   Sarge

[TimeBuilder]

Sarge = Same reasons here BUT with TDWBDI Regards, TB

[TimeBuilder]

" TD  who can keep your money for weeks before sending it " ANALOG GUY ? Please explain this statement with facts! If you can. Thanks. We have been users/abusers of TD/Canada Trust since first investing many, many years ago & have NEVER  had a problem with the Div/Dist cash flow or contact inquiries. Guess it's who you know & how far up the ladder

[ANALOG GUY]

Timebuilder Here are the Facts  I have sweep accounts at Scotia, TD, NB Scotia Direct sweeps your accounts on the first day of every month  so when an ETF pays a monthly dividend on the 3 of every month, Scotia holds your dividend for 3.5 weeks before sweeping again and sending it to you  TD Direct sweeps on the 5 and 20 of  each month  NB sweeps every

[TimeBuilder]

Thanks for that >>> we didnot even consider ETF  payouts as we only hold TSX Corp.& some Venture Corp. shares Thanks again for your educational reply.  TB. .