TELUS ended twenty consecutive quarterly dividend increases dating back to 2021 with this reset, closing out its dividend growth program entirely. The cut arrives alongside the termination of the dividend reinvestment plan discount, and its tax treatment differs by account type, since dividends held directly in a non-registered account never qualify for pension income splitting the way the same shares held in a RRIF do. The record date is September 10.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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