The telecom company is coming off a decent quarter where its sales of $3.98 billion grew 7.7% from the prior-year period. Its total subscriber connections rose 8.4% during the period as the company's operations proved resilient during the period ending Sept. 30.
President and CEO Darren Entwistle highlighted the results: "we continued to achieve robust customer growth in the quarter, including 111,000 high-quality mobile phone net additions and 79,000 wireline customer additions, driven by 50,000 internet, 19,000 TV and 18,000 security net additions, in addition to the lowest residential voice net losses since 2004."
On a $25,000 investment, you could be earning $1,250 a year in dividends.
Year to date, shares of Telus are down 1%, slightly better than how the TSX has done thus far.