Telus slashes dividend to deploy more cash for debt repayment
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Article Excerpt
Telus slashes dividend to deploy more cash for debt repayment
IRENE GALEA
AND OLIVIA GRANDY
PUBLISHED 42 MINUTES AGO
UPDATED 19 SECONDS AGO
Open this photo in gallery:
Telus headquarters in Vancouver. The company cut its dividend by 55%, saying it expects the move to generate about $2.7-billion in cash savings through 2028.
DARRYL DYCK/THE CANADIAN PRESS
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Telus Corp. T-T -3.64%
decrease
has slashed its dividend by 55 per cent and lowered its financial guidance for the year in a bid to improve its finances after a challenging period for the telecom and techno…
Read full article at The Globe and Mail ↗
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Jul 31, 2026