Telus Corp T.T

When do they cut the dividend?

[mbuch]

6+% seems a bit high...

[ANALOG GUY]

Has telus EVER cut their dividend?  AT+T hit a 30 year low yesterday  so anything is possible I guess 

[SargeX]

That's pretty funny as I was wondering the same thing so I looked it up. Telus cut their quarterly divy in Oct 2001 from $0.35 to $0.15 to free up cash for internet expansion, etc. After that, it's been steady increases.  Here's an article on it. https://www.theglobeandmail.com/report-on-business/telus-slashes-quarterly-dividend-57/article18419329/

[Red_Deer]

So MBuch__Are YOU THUS Also THINKING That BELL Might CUT Their Dividend__As the YIELD  Currently IS 6.78% ???? Telus MAY Reduce the RATE of Their ANNUAL Dividend INCREASE__BUT a CUT is UNLIKELY

[mbuch]

Anything over 6% is a bit rich these days I think. These are unprecedented times… Been a share holder since 2008 so I'm not losing money, but it is getting volatile lately with a lot of things. People just can't afford stuff anymore and there will be a reckoning one day soon I figure and the market will take a pretty good hit. Good to have some dry powder on the