TU Dividend Yield 2026: Telus Corp

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Telus Corp (TU) pays a $1.67 annual dividend ($0.14 monthly), yielding 12.48% at $9.67/share. Next ex-dividend date 2026-09-10. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 12.48%

Annual Dividend: $1.67 per share

Payout Ratio: -170.8%

Ex-Dividend Date: 2026-09-10

Dividend Frequency: monthly

Sector: Communication Services

Years of Dividend History: 28

About Telus Corp Dividend

Telus Corp dividend income comes from one of Canada's largest telecommunications companies, spanning mobile services, TELUS Health, and digitally enabled customer experience solutions. The current yield sits at 12.48%, placing TU stock firmly in high-yield territory. Shareholders receive $1.6715 per share annually, paid monthly, with the next ex-dividend date on September 10, 2026. That monthly cadence and elevated yield make this stock a natural fit for income-focused investors, anchored by a beta of 0.665 that reflects below-average price volatility.

Dividend Safety

Telus Corp pays out -170.8% of earnings as dividends, a payout ratio classified as conservative (below 40%) on a cash-flow basis. The company's recurring revenue streams across mobile subscriptions, TELUS Health services, and managed IT solutions provide the underlying demand that supports the current payout level. Telus Corp dividend safety faces its most visible pressure from the negative trailing earnings figure driving that payout ratio, which means any deterioration in operating performance would be felt quickly at the dividend level.

Telus Corp (TU) Dividend Growth Rate, CAGR, and History

Telus Corp dividend history shows a CAGR of -6.3% per year from 2009 to 2025. Per-share payments moved from $3.3638 to $1.1868 over that window (2026 data is partial and excluded from this calculation, per Telus Corp dividend 2026 reporting conventions). The largest annual increase in the window was 15.3% in 2010, but the overall trend has been negative, and the data block flags at least one year-over-year decline exceeding 5%.

Telus Corp Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+4.2%	$1.05 (2022)	$1.19 (2025)
5-Year	+6.0%	$0.89 (2020)	$1.19 (2025)
10-Year	-1.5%	$1.38 (2015)	$1.19 (2025)

Is Telus Corp a Good Dividend Stock?

TU stock fits income-focused investors who prioritize a high monthly cash payment over dividend growth. The yield of 12.48% is classified as high (above 4%), and it sits above the 5-year average yield of 11.27%, meaning the current entry point delivers more income than the historical norm. The trade-off is real: the long-term dividend per share has declined at -6.3% per year since 2009, so the income stream has not grown in real terms. What an investor gets here is a large, frequent cash yield from a diversified Canadian telecom; what they accept is a dividend that has shrunk in per-share terms over the long run.

Recent Telus Corp Dividend Payments

Payment Date	Amount per Share
2026-09-10	$0.1358
2026-06-10	$0.3004
2026-03-11	$0.3076
2025-12-11	$0.3037
2025-09-10	$0.3007
2025-06-10	$0.3042
2025-03-11	$0.2782
2024-12-11	$0.2845
2024-09-10	$0.2860
2024-06-10	$0.2829

Telus Corp Annual Dividend History

Year	Total Dividends
2026	$0.7438
2025	$1.1868
2024	$1.1330
2023	$1.0695
2022	$1.0490

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• TCEHY — Tencent Holdings Limited (1.20% yield)
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Frequently Asked Questions

Does TU pay dividends?

Yes, Telus Corp (TU) pays a $0.14 monthly dividend per share, yielding 12.48%.

How often does Telus Corp pay dividends?

Telus Corp pays dividends monthly. The last dividend amount was $0.1358 per share, adding up to an annual rate of $1.6715 per share.

What is Telus Corp's current dividend yield?

The current Telus Corp dividend yield is 12.48%. That sits above the 5-year average yield of 11.27%, making the current yield elevated relative to TU's own recent history.

Has Telus Corp ever cut its dividend?

Within the available history window, the data shows at least one year-over-year decline exceeding 5%, and the long-term CAGR from 2009 to 2025 is -6.3% per year. The per-share annual dividend has declined from $3.3638 in 2009 to $1.1868 in 2025.

How fast has Telus Corp grown its dividend?

The compound annual growth rate (CAGR) for the Telus Corp dividend from 2009 to 2025 is -6.3% per year. That means per-share payments have shrunk over the long run, even though TU has posted 5 consecutive years of dividend increases.

Is Telus Corp dividend safe?

The payout ratio is classified as conservative (below 40%) on a cash-flow basis, which supports the current payout. However, the trailing earnings figure is negative, and Telus Corp dividend safety depends on the company maintaining its operating cash generation across its telecom, health, and digital segments.

What type of investor is Telus Corp best suited for?

Telus Corp suits income-focused investors who want a high monthly yield and can accept a dividend that has declined in per-share terms over the long run. The 12.48% yield and monthly payment frequency are the defining characteristics here, not dividend growth.

Why is Telus Corp dividend yield high?

The yield is high at 12.48% partly because the per-share dividend has declined over time, compressing the stock price relative to the payout. The long-term CAGR of -6.3% per year reflects a shrinking dividend base, which tends to push yield higher when the stock price adjusts accordingly.

How does Telus Corp compare to its own historical yield?

At 12.48%, the current TU dividend yield is above the 5-year average of 11.27%. That gap of roughly 1.2 percentage points means today's yield is higher than what investors have received on average over the past five years.

Latest TU News

• CMC stock faces dividend cut as earnings pressure mounts - AD HOC NEWS — AD HOC NEWS
• Telus (TU) Holds Gains as Telecom Stock Clings to Support Zone - Swing Entry Signals - vinanet.vn — vinanet.vn
• Telus (TU) Holds Gains as Telecom Stock Clings to Support Zone - Vol Target Rebalance - siam.in — siam.in

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