NASDAQ:AS 18 November 2025

May 23, 2026, 8:32 PM EDT. TELUS (TSX:T) offers a high dividend yield of about 9.8%, drawing income-seeking investors. However, the company has paused dividend growth, maintaining the same payout for three quarters, signaling possible financial caution amid elevated debt levels and competitive pressures. The recent appointment of former CIBC CEO Victor Dodig brings hope of strategic shifts, including potential asset sales and dividend reductions to stabilize the balance sheet. While a dividend cut could halve the yield, TELUS would still offer a competitive payout near 4.9%. Investors should approach with caution, recognizing the income comes with significant financial risk and uncertainty about future dividends.