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  5. T: Im a retiree in late 60's, focus on Income with a growth potential down the road. [TELUS Corporation]

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Q: Im a retiree in late 60's, focus on Income with a growth potential down the road.
Further to Nancy's question on Telus on its current dividend of about 8%+, and a free cash flow almost 2x of dividend, will this be a time to buy given that the interest rate is coming down, and the banks GIC is about half of this return. I have some idle cash looking for a steady return like GIC. Do u forsee any dividend cut ? Thanks again
Asked by DAVID on December 31, 2024
5i Research Answer:
Telus raised its dividend recently, and we would consider the odds of a cut fairly low. At some...
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