Trailing Dividend / Share
$1.06
TELUS Corporation (TU) Dividend History
Income profile from 1999 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
6.5%
Payout Ratio
1.5%
Sustainable
Dividend Streak
5 years
TU Dividend Income Check
Safety
1.5% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 6.0% and trend is rising.
TU Dividend Scorecard
Yield & Income
Dividend Yield6.5%
Trailing DPS$1.06
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout1.5%
Earnings SafetySustainable
FCF Payout136.4%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak5 years
3Y CAGR4.5%
5Y CAGR5.8%
Yield on Cost (5Y)6.0%
YOC Trendrising
Total Returns
Buyback Yield0.2%
Total Shareholder Yield6.7%
1Y Total Return-20.4%
5Y Total Return-23.1%
Div Contribution (5Y)25.0%
Estimated $10K growth (return + dividends):
5Y ago$7,69310Y ago$13,12420Y ago$27,308
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
TU Income Growth Story
Dividend per share and yield on cost over time (28 years of payments)
TU Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
TELUS Corporation distributes 1.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 136.4%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
TU has raised its dividend for 5 consecutive years, with a 3-year CAGR of 4.5% and 5-year CAGR of 5.8%.
Total Shareholder Returns
Beyond cash dividends, TU returns capital through share repurchases. The combined picture: 6.5% dividend yield, 0.2% buyback yield, 6.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.0% and is currently rising. The 5-year total return is -23.1%, with dividends contributing 25.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $13,124 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
TU Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$5.55
Avg/Payment$0.2773
Latest Change-2.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 10, 2026Latest | $0.3004 | ↓ -2.3% | 10.21% | Jul 2, 2026 |
| Mar 11, 2026 | $0.3076 | ↑ +1.3% | 9.16% | Apr 1, 2026 |
| Dec 11, 2025 | $0.3037 | ↑ +1.0% | 9.29% | Jan 2, 2026 |
| Sep 10, 2025 | $0.3007 | ↓ -1.2% | 7.38% | Oct 1, 2025 |
| Jun 10, 2025 | $0.3042 | ↑ +9.3% | 7.18% | Jul 2, 2025 |
| Mar 11, 2025 | $0.2782 | ↓ -2.2% | 7.37% | Apr 1, 2025 |
| Dec 11, 2024 | $0.2845 | ↓ -0.9% | 7.46% | Jan 2, 2025 |
| Sep 10, 2024 | $0.2870 | ↑ +1.4% | 6.78% | Oct 1, 2024 |
TU Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
6.5%
#2 of 7
Safety
Sustainable
1.5% payout
Streak
5Y
5.8% 5Y CAGR
Total Shareholder
6.7%
#4 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd TUTELUS Corporation | $18.0B | 6.5% | 1.5% | 5 | Sustainable |
1st  BCEBCE Inc. | $21.7B | 7.1% | 33.7% | 0 | Sustainable |
 TAT&T Inc. | $153.7B | 5.2% | 37.4% | 0 | Sustainable |
3rd  VZVerizon Communicatio… | $191.4B | 6.0% | 66.9% | 21 | Watch |
 TMUST-Mobile US, Inc. | $196.6B | 2.0% | 37.5% | 2 | Sustainable |
 LUMNLumen Technologies, … | $8.4B | 0.0% | — | 0 | Unknown |
 SHENShenandoah Telecommu… | $784M | 0.8% | — | 4 | Unknown |
TU Annual Dividend History (1998–2026)
29 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.61 | — | 2 | — | — | — | 3.1% |
| 2025 | $1.19 | 4.7% | 4 | $0.72 | 164.8% | 0.61x | 6.0% |
| 2024 | $1.13 | 5.8% | 4 | $0.67 | 169.1% | 0.59x | 5.7% |
| 2023 | $1.07 | 3.1% | 4 | $0.58 | 184.6% | 0.54x | 5.4% |
| 2022 | $1.04 | 2.3% | 4 | $1.15 | 90.3% | 1.11x | 5.2% |
| 2021 | $1.02 | 13.5% | 4 | $1.23 | 82.6% | 1.21x | 5.1% |
| 2020 | $0.89 | -2.4% | 4 | $0.94 | 95.2% | 1.05x | 4.5% |
| 2019 | $0.92 | 14.2% | 4 | $1.45 | 63.2% | 1.58x | 4.6% |
| 2018 | $0.80 | 5.6% | 4 | $1.34 | 59.9% | 1.67x | 4.0% |
| 2017 | $0.76 | 7.8% | 4 | $1.32 | 57.6% | 1.74x | 3.8% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into TU consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
27+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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TU — Frequently Asked Questions
Quick answers to the most common questions about buying TU stock.
How much dividend does TU pay per share?
TELUS Corporation (TU) pays a trailing 12-month dividend of $1.06 per share, with a current dividend yield of +6.5%. Payments are made Semi-Annual.
When is TU's next ex-dividend date?
TU's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TU typically pays dividends Semi-Annual.
Is TU's dividend safe?
TU's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.5% and FCF payout ratio of +136.4%. The 5-year growth streak provides moderate confidence.
Is TU a Dividend Payer?
Yes, TELUS Corporation is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +5.8%, demonstrating above-inflation dividend growth.
How often does TU pay dividends?
TELUS Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.06 per share. Dividend data on this page covers 27+ years from 1999 to 2026.
How much would $10,000 invested in TU grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TU five years ago would be worth approximately $7,693 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TU's yield on cost for long-term holders?
TU's yield on cost — the current dividend divided by the original purchase price — is +6.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +6.5% market yield, thanks to consistent dividend growth.