TELUS Corporation (TU,T.TO) has declared a quarterly dividend of $0.3891 per share, which is payable on July 2, to shareholders of record as of June 10. This quarterly dividend reflects an increase of 7 percent from $0.3636 per share dividend declared last year.
Q1 Results:
TELUS Corporation released earnings for first quarter that decreased from last year
The company's earnings came in at C$140 million, or C$0.09 per share. This compares with C$224 million, or C$0.15 per share, in last year's first quarter.
Excluding items, TELUS Corporation reported adjusted earnings of C$390 million or C$0.26 per share for the period.
The company's revenue for the quarter fell 0.6% to C$4.932 billion from C$4.964 billion last year.
TELUS Corporation earnings at a glance (GAAP) :
-Earnings (Q1): C$140 Mln. vs. C$224 Mln. last year.
-EPS (Q1): C$0.09 vs. C$0.15 last year.
-Revenue (Q1): C$4.932 Bln vs. C$4.964 Bln last year.
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