TELUS Corporation (NYSE:TU) Updates On Quarterly Dividend


As per TELUS Corporation (NYSE:TU) statement on 2016-08-08, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.353 per share as dividend to stakeholders. The record date is set as 2016-09-09, the payout date as 2016-10-03 and the ex-dividend date is 2016-09-07.

Last fiscal TELUS Corporation (NYSE:TU) disbursed cash dividend of $0.353. A year ago, the payout was $0.353, which indicates a difference of 12.52%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.353, implying 10.13% growth.

For the period ended on 2015-12-31, TELUS Corporation (NYSE:TU)’s earnings came at $0.54 per share compared to EPS of $0.5 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.5 per share.

The interim price target for TELUS Corporation (NYSE:TU) is set at $35.118. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for TELUS Corporation (NYSE:TU) is seen at $41 and the lowest level is established at $31.8. This broad range highlights a standard deviation of $3.197 in reported estimates.

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