
TSE:T
This summary was created by AI, based on 83 opinions in the last 12 months.
Telus Corp is currently facing significant challenges, with many analysts expressing concerns about its declining stock performance and the ongoing risk of a dividend cut. Despite a high dividend yield of around 9%, experts are divided on the sustainability of this yield given the company's high payout ratio and increasing competition within the telecom sector. The upcoming leadership transition with a new CEO is viewed as a potential turning point, but skepticism remains due to the ongoing issues within the industry, including regulatory pressures and market competition. Many suggest that Telus may be undervalued compared to its peers, but caution against expecting substantial growth in the near term due to the overall unfavorable industry environment and the potential for further capital expenditures without immediate returns. Long-term holders are advised to be patient and monitor developing strategies for debt reduction and financial stability.
This company has been great. What has really gone well for the telecoms in general is the higher penetration rates on smart phones, which has led to higher data usage and they have really grown with this. He is watching in case this starts to slow down. Pretty expensive, but he continues to hold and likes it.
One caution right now is that telecoms, consumer staples and utilities have all rallied in the last year. Thinks there will be a pause, especially given that we are starting to see a decline in margins in all 3 areas. Dividends on this one have been going up at a nice sharp pace. He has been taking profits on this in the last year.
Great story, the growth year for the name. It has had an incredible run. They will do well going forward but he thinks there will not be a lot of growth. Dividend is safe. 3.94% yield.