(Vancouver) Telus on Thursday announced an increase in its quarterly dividend, while disclosing a first quarter profit down from the same period last year, victim of higher interest, amortization and costs. restructuring and other costs.
The telecommunications giant said it will now pay a quarterly dividend of 36.36 cents per share, up from the previous 35.11 cents per share.
Telus posted earnings attributable to common shareholders of $217 million, or 15 cents per share, down from $385 million, or 28 cents per share, in the first quarter last year.
Operating revenue totaled $4.96 billion, up from $4.28 billion in the first three months of 2022.
On an adjusted basis, Telus said it earned 27 cents per share for the most recent quarter, down from 30 cents per share a year ago.
Analysts on average had expected adjusted profit of 26 cents and revenue of nearly $4.90 billion, according to forecasts compiled by financial data firm Refinitiv.
Company in this story: (TSX: T)
The end-of-year holidays have just ended and it is nice to benefit from an influx…
At the start of 2024, the temperatures on the thermometer are enough to make us…
France is coming out of a week of extreme cold, with temperatures which, locally, reached…
When loss of autonomy comes knocking at the door of elderly people, staying at home…
More and more individuals, but also retirees, are choosing to go into exile in Portugal…
CSG, CRDS, Casa… Social security contributions are numerous and can sometimes significantly impact the amount…