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Stock impact report

Telus reports Q1 profit down from year ago, raises quarterly dividend [Financial Post (Toronto, Ontario, Canada)]

Telus Corporation Ordinary Shares (TU) 
Last telus corporation ordinary shares earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: telus.com/en/about/investor-relations
Company Research Source: Financial Post
VANCOUVER — Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago. The telecommunications company says it will now make a quarterly payment to shareholders of 38.91 cents per share, up from its previous rate of 37.61 cents per share. Article content The increased payment to shareholders came as Telus reported net income attributable to common shares of $127 million or nine cents per share. Article content The result was down from a profit of $217 million or 15 cents per share in the same quarter last year. Operating revenues and other income for the quarter totalled $4.93 billion, down from $4.96 billion in the first quarter of 2023. On an adjusted basis, Telus says it earned 26 cents per share in its latest quarter, down from an adjusted profit of 27 cents per share in the same quarter last year. Telus saw a total of 209,000 net customer additions across its telecom services in the first quarter, up 28.2 per c Show less Read more
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