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home / news releases / telus 7 1 yield and ceo taking pay only in shares

T:CC - TELUS: 7.1% Yield And CEO Taking Pay Only In Shares

Telus Corporation

2024-06-25 12:27:00 ET

Summary

  • TELUS Corporation stock was previously rated as a "Hold" due to challenges from higher interest rates, debt, and competition.
  • Despite high debt and financing costs, TELUS has shown growth in subscriber connections and adjusted EBITDA.
  • The valuation is modestly attractive, and the dividend should be covered by free cash flow from here on out.

Note: All amounts discussed are in Canadian Dollars. All references are to the TSX price. ...

For further details see:

TELUS: 7.1% Yield And CEO Taking Pay Only In Shares
Stock Information
Company Name: Telus Corporation
Stock Symbol: T:CC
Market: TSXC
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