
TSE:T
This summary was created by AI, based on 82 opinions in the last 12 months.
Telus Corp (T-T) is currently facing a challenging environment characterized by intense competition, high debt levels, and concerns over its substantial dividend yield, which has elicited fears of potential cuts. Many experts highlight the company's recent lower performance, positioning it as a utility rather than a growth stock, with the current yield exceeding 9%. Despite the bleak outlook, some analysts maintain a positive stance on the company's long-term potential, driven by asset monetization and a focus on growth in digital and healthcare services. However, doubts about sustainable earnings growth persist, and while there is a consensus that the dividend may be maintained, many question its long-term viability amid elevated payout ratios and fiscal constraints. A new CEO has been appointed, raising expectations for management changes that could reshape the company's future.
A pure play wireless name. We're doing more and more on our smartphones, which means data charges are rising. He sees continued growth. He's long held Telus. Telus is at the end of a capex cycle, spending money on 4G networks. So, there'll be money leftover to pay back shareholders through dividend growth.