Thread regarding TELUS (TU)

These 3 Dividend Stocks Yield More Than 6% and Their Payouts Look Safe

Telus: 7.6%

Another telecom company to make this list is Canadian-based Telus. Its dividend of 7.6% is the highest yield on this list.

The stock declined a modest 3% over the past five years, as this company, too, has been an underwhelming long-term hold. Its operations, however, have been fairly stable. The company posted single-digit revenue growth in its most recent quarter (which ended on March 31), with operating revenue totaling 5 billion Canadian dollars, which was up 3% year over year.

Telus hasn't been a growth beast in recent years but can provide your portfolio with a good dividend. In its most recent period, its free cash flow totaled CA$488 million and rose by 22% year over year.

The company also recently boosted its dividend, which is now 7% higher than it was this time last year. And it expects to continue to raise that dividend annually between a range of 3% and 8% until the end of 2028.

As a leading telecom provider in Canada, Telus can be a safe investment to hang on to for the long haul.

https://www.fool.com/investing/2025/05/20/these-3-dividend-stocks-yield-more-than-6-and-thei/

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