TELUS Corporation (TU): A Leading Canadian Telecom Dividend Stock for 2025

TELUS Corporation (NYSE:TU) is included among the 11 Best Telecom Dividend Stocks to Buy for 2025.

TELUS Corporation (TU): A Leading Canadian Telecom Dividend Stock for 2025

Image by Steve Buissinne from Pixabay

TELUS Corporation (NYSE:TU) ranks among Canada’s top telecommunications providers. The sector is bolstered by a subscription-driven model that delivers consistent, recurring revenue, making it both resilient and profitable.

Telecom providers generate reliable cash flows through their subscription-based models, which enable them to deliver steady dividend payments to shareholders. TELUS Corporation (NYSE:TU), in particular, has a strong record of dividend growth, having raised its payouts consistently for 21 years. The company currently offers a quarterly dividend of $0.4163 per share and has a dividend yield of 7.66%, as of September 24.

The demand for telecom services continues to climb as businesses adopt digital solutions and the number of remote workers and online learners expands. To capture this growth, TELUS Corporation (NYSE:TU) has committed roughly $70 billion through 2029 to enhance its 5G and broadband networks, supporting customer growth and service quality.

In addition, TELUS Corporation (NYSE:TU)’s healthcare arm, TELUS Health, has maintained solid momentum, driven by strategic investments, innovative offerings, and the expansion of its distribution channels. By harnessing technology and operational efficiencies, TELUS has also been able to manage costs and strengthen overall profitability.

While we acknowledge the potential of TU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TU and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 11 Best Bank Dividend Stocks to Buy  and 12 Best Stocks to Buy Now for Passive Income.

Disclosure: None.