SHA:601988 News 18 January 2026

January 23, 2026, 10:13 PM EST. Telus (TSX:T) paused its dividend growth for the first time in 22 years, raising concerns over future payouts amidst debt reduction efforts. Meanwhile, Cogeco Communications (TSX:CCA) offers a more sustainable dividend outlook. Cogeco's dividend-payout ratio stands at 30% of free cash flow (FCF), much lower than Telus's 100%, providing room for growth despite a projected 1-3% revenue decline in fiscal 2026. Regulatory changes allow Cogeco to resell mobile services via Telus and BCE's infrastructure, boosting its competitive edge. Cogeco increased its dividend by 7% in 2026, promising steadier growth versus Telus's pause. Investors might consider waiting for Cogeco's price to dip to $65-$68 to secure a 5.8% yield, offsetting risks associated with Telus's dividend cut potential.