Telus Corp. raised quarterly dividend to 38.91 cents, despite first-quarter profit decline to $127M from $217M.

Telus Corp. raised its quarterly dividend to 38.91 cents per share, as its first-quarter profit fell compared with a year ago. The telecom company's net income attributable to common shares was $127 million or nine cents per share, down from $217 million or 15 cents per share in the same quarter last year. Operating revenues and other income for the quarter totaled $4.93 billion, down from $4.96 billion in Q1 2023.

May 09, 2024
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