TELUS (TSE:T) slide gives new CEO a tougher dividend challenge

TELUS Corporation dropped in Toronto on Thursday, the first day of trading since Victor Dodig became CEO. The yield on the stock sits well above that of other big Canadian telecoms, but TELUS is still working to cut its leverage, leaving investors with a new issue to figure out.

AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

AT&T Inc. traded lower before Thursday’s open, with shares at $20.48, down $0.205, or 1.0%, in premarket action. The move comes as SpaceX’s push has investors reassessing U.S. telecom risk. The core NYSE session will run from 9:30 a.m. to 4:00 p.m. ET on regular trading days, though July 3 is counted as the Independence Day observed holiday.
Dip buying in Schwab’s SCHD gets attention while dividend ETF flows diverge

Dip buying in Schwab’s SCHD gets attention while dividend ETF flows diverge

Money rushed into the Schwab U.S. Dividend Equity ETF during a pullback, putting one of the biggest dividend funds back in focus for income trades, but flow trackers are split on how big the move was. TipRanks said SCHD dropped 2.36% last week and pulled in $5.46 billion over five days. ETFDB reported net flows of $480.9 million in five days and $2.3 billion for the month.
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