15 Dividend Stocks Paying 4%+ Yield in 2025

2. TELUS Corporation (NYSE:TU)

Dividend Yield as of December 7: 8.82%

TELUS Corporation (NYSE:TU) is among the best dividend stocks to invest in.

On December 4, National Bank analyst Adam Shine raised the firm’s price target on TELUS Corporation (NYSE:TU) to C$21.50 from C$21 and maintained an Outperform rating on the shares.

In the third quarter of 2025, TELUS Corporation (NYSE:TU) posted revenue of C$5.06 billion, up 0.2% from the same period last year. Though the revenue showed modest growth, its net income of C$437 million showed a staggering growth of 68% from the prior year period. This growth is backed by the company’s stable subscription-based model. Telus’ TTech subscriber base grew by 5% over the last 12 months to 20.8 million. Its internet connections grew by 2% to 2.8 million.

TELUS Corporation (NYSE:TU) also provided a solid cash flow outlook in its recent earnings release. The company expects free cash flow (FCF) of $2.15 billion in 2025 and also aims to grow its FCF by at least 10% annually from 2026 to 2028. The preliminary guidance for 2026 projects FCF of $2.4 billion and capital expenditures of $2.3 billion. TELUS has paid $2.9 billion in dividends and share repurchases since 2004. However, the company is now pressing pause on its dividend growth at the current level.

TELUS Corporation (NYSE:TU) is a major Canadian telecommunications and IT company that offers a wide range of services related to mobile, internet, and digital customer experiences.