TELUS Corporation (NYSE:TU) will begin trading ex-dividend on December 10, 2020. The quarterly dividend payment of $ 0.3112 per share is scheduled to be paid on January 4, 2021. The dividend yield based on the latest trading day closing price was 6.24 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 10, 2020.
Dividends History
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TELUS Corporation recently reported third quarter financial results on November 6, 2020, before market open, the Vancouver based company communicated income for the third quarter of $ 0.21 per share, from the revenue of $ 2,988.00 million. The quarterly earnings contracted 72.37 percent while revenues down 19.18 percent compared with the same quarter last year.
Stock Performance
Shares of TELUS Corporation traded low $ -0.09 or -0.45 percent on Tuesday, reaching $ 19.95 with volume of 1.10 million shares. TELUS Corporation has traded high as $ 20.15 and has cracked $ 19.93 on the downward trend
According to the previous trading day, closing price of $ 19.95, representing a 48.01 % increase from the 52 week low of $ 13.54 and a 4.16 % decrease over the 52 week high of $ 20.91.
The company has a market capital of $ 25.74 billion and is part of the Communication Services sector and Telecom Services industry.
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications products and services in Canada. It operates through Wireless and Wireline segments. The companys telecommunications products and services comprise wireless and wireline voice and data services; data services, including Internet protocol; television services; hosting, managed information technology, and cloud-based services; healthcare solutions; customer care and business services; and home and business security solutions.
