Hello everyone today I thought I would share a dividend increase with you. Today Telus when announcing their quarterly results announced another increase for their dividend. With this news Telus continues with their semi-annual dividend raises. In fact this is their 16th dividend increase since 2011.
With this announcement Telus new dividend will be $0.545 quarterly up from $0.525. I currently own 103 shares. My income will increase by $2.06 quarterly and $8.24 annually.
This is the 7th increase that I have received from Telus since owning the stock.
If you own Telus congrats on the raise.