Company: TELUS Corporation (TU)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of TelusÕ sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International. -Morningstar.com-
Symbol: TU
Recent Price: $16.51
Dividends: $1.13
Yield: 6.84%
Sector: Communication Services
Industry: Telecom Services
Address & Company Phone #: 510 West Gerogia St. 7th Fl. Vancouver BC V6B 0M3 Canada, 604-697-8044
Transfer Agent: Computershare Trust Co. of Canada 800-558-0046
Moody’s Rating: Baa1
Minimum & Maximum Investment: $100 – $20,000/year (Cdn.)
Investment Dates: Monthly
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail or Fax for $8.50+4¢/sh.
52 Week High & Low: $21.34, $15.47