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MoneyTelus Q3 profit up, raises dividend

19:35  08 november  2018
19:35  08 november  2018 Source:   msn.com

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Click here for information on TELUS ' recent dividend history, common and non-voting share dividends , dividend reinvestment and share purchase plan Dividend policy and dividend growth program. TELUS announced its intention to target ongoing semi-annual dividend increases, with the

Telus raises dividend , Q 1 profit slipsThe company says it will now make a quarterly payment to shareholders of 52.5 cents per share, up from © Provided by thecanadianpress.com VANCOUVER - Telus Corp. raised its dividend as it reported its first-quarter profit slipped lower compared with a

Telus Q3 profit up, raises dividend© Provided by thecanadianpress.com A woman is silhouetted as the Telus Corp. logo is displayed on a screen during a company event in Vancouver on Friday, October 2, 2015. VANCOUVER - Telus Corp. reported a third-quarter profit of $447 million — up from $406 million a year ago — and raised its dividend.

The company says it will now make a quarterly payment to shareholders of 54.5 cents per share, up from 52.5 cents.

The profit amounted to 74 cents per share for the quarter ended Sept. 30, up from 68 cents per share a year ago.

Operating revenue totalled $3.77 billion, up from $3.40 billion in the third quarter of 2017.

On an adjusted basis, Telus says it earned 74 cents per share for the quarter, up from 70 cents a year ago.

Thomson Reuters Eikon says analysts on average expected a profit of 72 cents per share.

Telus reported 145,000 net new wireless customers, as well as an increase of 36,000 high-speed Internet subscribers and 18,000 Telus TV customers.

Companies in this story: (TSX:T)

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