TU
NYSE · Telecommunication
Telus Corp
$9.72
-0.09 (-0.92%)
TU News6 articles
TELUS Yield Surges Past 11% Amid Dividend Focus and CEO Transition
TELUS shares dropped 3.6% to C$14.46, boosting its annualized yield to 11.6%. The stock's slide comes as Victor Dodig assumes the CEO role, with investors focused on dividend stability.
Thai Union Faces $295M Creditor Pool in Red Lobster Lawsuit
Thai Union Group shares fell 0.9% as a Red Lobster lawsuit seeks to unwind $32M in transactions, with a $295M creditor pool endangering about 20% of equity.
TELUS Stock Plunges 11% on Dividend Reset and Weak Guidance
TELUS shares plummeted 11.27% after the company cut its dividend and lowered guidance, erasing C$2.7B in market value. The move aligns with projected dividend savings.
TELUS Dividend Cut Triggers 12% Stock Drop, Yield Parity with BCE
TELUS shares tumbled 12.3% to C$13.22 after cutting its dividend by 55%, bringing its yield to 5.7% near BCE's 5.8%. The company also lowered free cash flow guidance by 27%.
TELUS shares hit new low as new CEO faces high-yield dividend challenge
TELUS shares dropped 1.77% to a new 52-week low of CA$14.71 on Thursday, as new CEO Victor Dodig takes the helm. The stock's dividend yield of 11.36% is more than double that of BCE and Rogers, highlighting the challenge of sustaining payouts.
TELUS Stock Gains Amid Dividend Focus and Q1 Profit Decline
TELUS shares edged higher as the TSX reached a new high, with investors eyeing the upcoming dividend. However, Q1 net income dropped to C$144 million, reflecting higher churn and restructuring costs.