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flag Summerhill Capital drastically cut TELUS holdings, yet TELUS beat Q4 earnings estimates and raised dividends.

flag Summerhill Capital Management Inc. significantly reduced its holdings in TELUS Co., selling 391,437 shares, a 97.7% decrease. flag Despite this, other institutional investors increased their stakes. flag TELUS reported Q4 earnings of $0.18 per share, beating estimates. flag The company also announced a quarterly dividend of $0.2829 per share, with a dividend yield of 7.34%. flag TELUS's stock is valued at $23.11 billion.

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