TELUS (TU) Dividend Payout Ratio : 2.46 (As of Dec. 2023)

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TELUS Dividend Payout Ratio Definition

TELUS's dividend payout ratio for the months ended in Dec. 2023 was 2.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of TELUS Corp is 2.72, which seems too high.

The historical rank and industry rank for TELUS's Dividend Payout Ratio or its related term are showing as below:

TU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.89 Max: 2.72
Current: 2.72

During the past 13 years, the highest Dividend Payout Ratio of TELUS was 2.72. The lowest was 0.67. And the median was 0.89.

TU's Dividend Payout Ratio is ranked worse than
95.6% of 182 companies
in the Telecommunication Services industry
Industry Median: 0.565 vs TU: 2.72

As of today (2024-04-24), the Dividend Yield % of TELUS is 6.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TELUS was 6.95%. The lowest was 3.34%. And the median was 4.29%.

TELUS's Dividends per Share for the months ended in Dec. 2023 was $0.28.

During the past 12 months, TELUS's average Dividends Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TELUS was 34.20% per year. The lowest was -24.60% per year. And the median was 8.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

TELUS Dividend Payout Ratio Historical Data

The historical data trend for TELUS's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TELUS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.78

1.32

1.27

1.38

2.72

TELUS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.99	2.45	2.51	3.90	2.46

Competitive Comparison

For the Telecom Services subindustry, TELUS's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TELUS Dividend Payout Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, TELUS's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TELUS's Dividend Payout Ratio falls into.

TELUS Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

TELUS's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.084	/	0.398
	=	2.72

TELUS's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.28	/	0.114
	=	2.46

TELUS (NYSE:TU) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

TELUS Dividend Payout Ratio Related Terms

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TELUS (TU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TELUS Corp (NYSE:TU) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BCZ:Germany T:Canada

Address

510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telus.com

Telus is one of the Big Three wireless service providers in Canada, with its nearly 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.