TELUS Corporation (NYSE:TU) Updates On Dividend Release Date


On 2016-08-08, TELUS Corporation (NYSE:TU) confirmed the dividend disbursement of $0.353 a share to shareholders as on record 2016-09-09. The firm will release dividend on 2016-10-03 while ex-dividend date is reported to be 2016-09-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, TELUS Corporation (NYSE:TU) paid a total of $0.353 per share in dividends. This figure stood at $0.353 a share in the same period a year ago indicating a deviation of 12.52%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $35.118 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $41 and $31.8, respectively.

Taking the mathematical rating formula, the price for TELUS Corporation (NYSE:TU) stands at 2.44. Earnings Review TELUS Corporation (NYSE:TU) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.5.

Coming to the quarter ending on 2015-12-31, TELUS Corporation (NYSE:TU) recorded EPS of $0.54. The reported numbers came lower than the analysts’ estimates of $0.52, demonstrating a miss of $0.02 as against reported figures.

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