Telus Corp (T.TO)

Recent weakness in valuation offers goof margin of safety for investors. Coming towards the end in fibre build out - will be good for cash flow. Various revenues steam good for stability of business. Company should be able to continue dividend increases (~7%). Current dividend yield is very safe. 

Bought for dividend growth in uncertain times. Trades at 19x 2025 earnings. Still sees growth around 11%. High quality, great value. Works long term. Rogers is cheaper now, so that's where he'd be putting new money.

A utility-type stock and that isn't what he buys. He buys companies that grow 15% yearly. Telus is a great company, reasonably priced and pays a good 5% dividend. You can't do wrong owning this. Safe.

Generates 85% of revenue from services, 15% from hardware. Third-party partners help distribution across the country. Population increase should boost sales. Usually trades at premium to peers, as it tends to grow faster. Nice yield of 6.5%, best dividend grower in the sector. 24x earnings multiple, too high. He prefers BCE.

Lacks TV assets and sports teams. Acquisition solidified it as a leader in digital health. Returns are market average, quite a bit of debt (though less than peers).

Interest-rate sensitivity. Disappointing. Avoid right now. If it starts going up and you want to diversify, you could start building a position, but don't have a lot of expectations until rates start coming down. Not too worried about the dividend. 

Huge red flag if drops below $22.50. If interest rates come down, limited upside potential to $26-27.

It has a very large number of new mobile users, 1.2 million and comes with a 6% yield. Like others it does have some challenges and has to make back its investment in infrastructure.       Buy 13  Hold 5  Sell 1

Canada's top-performing telco for the last 5 years. Pays around a 6% dividend, lower than its peers actually. Trades at a slight premium to peers, but deserved because it grows faster, like its dividend 8% compounded over the last decade. Balance sheet remains strong, so it has free cash flow this and next year so they can increase their dividend, retire debt, buy companies and/or shares. They bought LifeWorks over a year ago, for example, to diversify away from cell phones.

Difficult 2023 with high rates. Bouncing back. 2024 should be a good year for telecoms as interest rates come down. Never given credit for businesses it's grown internally. Likes it here. Benefits from 5G still to come to fruition over the next few years. Very nice dividend, regularly increased. Yield's around 5.2%.

Close in valuations. Owns and likes both, but Telus a little better at these levels, as it has not as much capex ahead plus diversified businesses. BCE has more debt. Looking to increase weight of Telus. Both seem to be bottoming. Regulatory looks tougher going ahead. Be wary of any slowing in immigration, especially with any change in government. 

Not the total return stories of the past 5-6 years, but good solid dividend yield. Start picking away at half positions.

Likes it.  They have higher exposure to wireless than wireline, likes their business mix vs. their peers. These dividend stocks saw a boost when interest rates declined last November-December, and the whole group can trend higher if rates keep falling. He sold a lot of dividend stocks in early 2021 and hasn't moved back in.

Strong dividend that believes is safe. Need from cash dropping as cellphone tower expansion not as high. Lowering interest rates will be good for business. Would recommend buying. 

Has been steady over the years and pays a good dividend, though anything sensitive to interest rates was punished last year. He's owned this in the past and is worth owning now. Pays a steady dividend, better than what bonds and HISA pay. Rates appear to be coming down. Hang on, if you own.

Currently undervalued. Believes dividend is safe. Sector poised for growth. Would recommend buying. 

Investors concerned with extra competition in wireless sector. Strong dividend a bright spot for investors. Will continue to own in portfolio. Increasing interest rates also tough on business (falling interest rates will be good). Demand for services not going away, especially with growing population. Scored 8/10 on fundamentals. Estimating ~13% upside.