
Investor information

Investor information
Stock exchanges and TELUS trading symbols
Toronto Stock Exchange (TSX)
TELUS Corporation: T
CUSIP: 87971M103
Toronto Stock Exchange (TSX)
TELUS Corporation: T
CUSIP: 87971M103
New York Stock Exchange (NYSE)
TELUS Corporation: TU
CUSIP: 87971M103
New York Stock Exchange (NYSE)
TELUS Corporation: TU
CUSIP: 87971M103
Indices
TELUS is listed on the S&P/TSX Composite Index, the S&P/TSX 60 Index and numerous other indices, including, but not limited to, the MSCI World Communication Services Index, as well as several sustainability indices, such as the MSCI North America ESG Leaders Index, Jantzi Social Index, FTSE4Good Index and the Dow Jones Sustainability North America Index.
Share ownership facts as at December 31, 2024

- Total outstanding shares were 1,503,529,135.
- TELUS team members held 34,617,062 shares in employee share plans, equivalent to 2.3 per cent of the total number of outstanding shares, which collectively made team members our fourth largest TELUS shareholder.
- TELUS shares are widely held between large institutional investors and smaller retail investors
- Registered shareholders of common shares totalled 36,044. The Canadian Depository for Securities (CDS) represents one registration and holds securities for many non-registered shareholders. We estimate that TELUS had more than 1,256,000 non-registered shareholders at year-end.
Dividends
Dividend policy and dividend growth programs

Dividends declared per share in 2024 were $1.5566, representing a 7.0 per cent increase over the previous year.
Our long-term dividend payout ratio guideline is calculated as 60 to 75 per cent of prospective free cash flow. In May 2022, we announced our intention to target ongoing semi-annual dividend increases, with the increase to be 7 to 10 per cent annually, through to the end of 2025. This further extends our multi-year dividend growth program originally announced in May 2011 and extended for three-year periods in May 2013, May 2016 and May 2019, and provides investors with ongoing clarity with respect to our intentions regarding our dividend growth program. Since 2011, we have raised our dividend 27 times, bringing the total number of our dividend increases to 34 since 2004.
Notwithstanding this, dividend decisions will continue to be dependent on earnings and free cash flow and subject to the Board’s assessment and determination of TELUS’ financial situation, capital requirements and economic outlook on a quarterly basis. There can be no assurance that the Company will maintain its dividend growth program through 2025.
TELUS advises that, unless noted otherwise, all quarterly dividends paid since January 2006 are eligible dividends under the Income Tax Act. Under this legislation, Canadian residents may be entitled to enhanced dividend tax credits that reduce the income tax otherwise payable.
For more information, visit
telus.com/dividends
.Dividend reinvestment and share purchase plan
Investors may take advantage of the automatic dividend reinvestment and share purchase plan to acquire additional common shares without fees. Under this plan, eligible shareholders can have their dividends reinvested automatically into additional shares. TELUS may elect to purchase common shares in the open market or by issuance from treasury (less a discount, if any, of up to 5 per cent). TELUS will provide advance notification to participants if and when an election is made to change the method of purchasing common shares, and if by treasury issuance, any discount offered or any change in the rate of discount. Effective October 1, 2019, until TELUS elects otherwise, TELUS offers shares from treasury at a 2 per cent discount from the average market price.
We also offer a share purchase feature, under which eligible shareholders can, on a monthly basis, buy TELUS shares (maximum $20,000 per calendar year and minimum $100 per transaction) without brokerage commissions or service charges.
This plan is managed by Computershare Trust Company of Canada.
2025 expected dividend1 and earnings dates
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Visit
telus.com/drisp
or contact Computershare for information and enrolment forms.Per-share data
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Common shares
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Share prices and volumes
Toronto Stock Exchange
Common shares (T)
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New York Stock Exchange
Common shares (TU)
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TELUS Corporation senior notes
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Credit rating summary
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Long-term debt
At the end of 2024, the average term to maturity of our long-term debt (excluding commercial paper, TELUS bank credit facilities, the revolving component of the TELUS Digital credit facility, lease liabilities and other long-term debt) was 10.4 years, compared to 11.3 years at the end of 2023. Additionally, the weighted average cost of this long-term debt was 4.37 per cent at the end of 2024, compared to 4.33 per cent at the end of 2023. For a detailed list of long-term debt of the Company and our subsidiaries, see Note 26 of the Consolidated financial statements.
Highlights for investors in 2024
Key TELUS events for investors in 2024
- Raised a total of $2.5 billion of senior unsecured notes through a series of bond offerings across multiple maturities
- Collaborated with Amazon Web Services and Samsung Electronics Co., Ltd. to become the first telecommunications provider in North America to evolve the roaming architecture, in our quest to enable greater reliability and faster speeds for customers travelling abroad
- Acquired Vumetric Cybersecurity, a leading cybersecurity provider specializing in advanced penetration testing designed to identify cyber vulnerabilities and threats to companies across Canada and North America
- Introduced a generative AI-powered customer support tool for telus.com that offers fast, easy and intuitive responses to customer queries, providing a more convenient and seamless digital experience
- Unveiled the first step in a multi-year strategic partnership with WestJet that will transform the inflight experience for WestJet guests, sponsored by TELUS
- Launched TELUS SmartEnergy helping customers to manage and control their home energy usage, while optimizing their connected smart devices to save money on their energy bills
- Announced the offering of TELUS PureFibre internet to residents in Ontario and parts of Quebec, giving more Canadians access to exclusive bundling options with TELUS Mobility, SmartHome security and Stream+ services
- Rebranded TELUS International to TELUS digital experience (TELUS Digital) to reflect TELUS Digital’s commitment to providing a digital-first experience across every service it delivers to clients, ensuring a seamless integration of digital, AI-powered and human interactions that optimize customer journeys and employee experiences
Awards
- Received the 2024 CIO of the Year Award for Canada for the single point of contact co-pilot that operates on the Fuel iX™ platform
- Received our third consecutive Disaster Recovery Institute Canada Response and Recovery Award for crisis management during the 2024 Jasper wildfires, demonstrating outstanding business continuity, disaster recovery and community and customer support despite concurrent challenges
- Selected as the recipient of March of Dimes Canada’s Corporate Changemaker of the Year Award in recognition of our efforts toward equity and inclusion for people with disabilities
- Recognized as one of Canada’s Most Responsible Companies 2025 by Newsweek and Statista, ranking in the top three and the highest among the media and telecommunications industry
- Acknowledged for global leadership in sustainability:
- By TIME Magazine and Statista in their inaugural list of the World’s Most Sustainable Companies, ranking 21st out of 500 global companies overall. Notably, TELUS was ranked as the most sustainable telecommunications company in Canada and the second most sustainable Canadian company overall, recognizing our global leadership in corporate citizenship and philanthropy, innovation management and environmental and social impact reporting for more than two decades
- In the Corporate Knights 2024 Global 100 Most Sustainable Corporations in the World index for the 12th time since inception
- In the Corporate Knights Best 50 Corporate Citizens in Canada (2024) for the 18th time
- Received the Sustainability Excellence Award at the 2024 World Sustainability Awards for the second time (2022)
- Advanced our brand leadership by being:
- The highest-valued telecom brand in Canada in Brand Finance’s Global 500 2024 most valuable brands report. This represented our highest third-party brand valuation ever, it valued our 2024 brand at US$8.6 billion (C$11.7 billion), up 12.4 per cent year-over-year, moving up 37 spots in its ranking and representing our highest third-party brand valuation ever
- Recognized as an employer of choice:
- By Forbes as one of the World's Best Employers 2024 (4th time). TELUS is the only Canadian and US-based telecom to be recognized in 2024
- By Forbes as one of Canada's Best Employers for Diversity 2024 (3 years in a row) and the only telecom to be recognized in 2024.
- By Mediacorp as one of:
- Canada's Top Employers for Young People 2024 (12th time)
- B.C.'s Top Employers 2024 (15th time)
- Canada's Best Diversity Employers 2024 (14th time)
- Canada's Greenest Employers 2024 (10th time)
- Association for Talent Development (ATD) award 2024: Best of the BEST (10th time), BEST winner (19th time)
- By Universum as one of Canada’s Most Attractive Employers for Students in Engineering / IT and Liberal Arts / Fine Arts / Education / Social Sciences
Analyst coverage
As of March 2025, 16 equity analysts covered TELUS. For a full list, see analyst coverage on
telus.com/investors.
Information for security holders
Security holders outside of Canada
Cash dividends paid to shareholders resident in countries with which Canada has an income tax convention are usually subject to Canadian non-resident withholding tax of 15 per cent. If you have any questions, contact Computershare. For individual investors who are U.S. citizens and/or U.S. residents, quarterly dividends paid on TELUS shares are considered qualified dividends under the Internal Revenue Code and may be eligible for special U.S. tax treatment.
Security holders of TELUS Digital
TSX
TELUS Digital: TIXT
CUSIP: 87975H100
NYSE
TELUS Digital: TIXT
CUSIP: 87975H100
For information on TELUS Digital, including financial-related filings and investor events, please visit
telusdigital.com/investors
.Foreign ownership monitoring – non-Canadian common shares
Under federal legislation, total non-Canadian ownership of common shares of Canadian telecommunications companies, including TELUS, is limited to 33 ⅓ per cent.
For registered shareholders and shares trading on the TSX, a reservation system controls and monitors this level. This system requires non-Canadian purchasers of common shares to obtain a reservation number from Computershare by contacting the Reservations Unit at 1-877-267-2236 (toll-free) or
[email protected]
. The purchaser is notified within two hours if common shares are available for registration. Shares owned by non-Canadian beneficial shareholders and held by Canadian broker participants in the CDS must be held in CUSIP 87971M996.For shares trading on the NYSE, non-Canadian ownership is monitored by utilizing the Depository Trust & Clearing Corporation’s SEG-100 Account program. All TELUS common shares held by non-Canadians must be transferred to this account (no reservation application is required).
Mergers and acquisitions – shareholder impacts
Visit
telus.com/m&a
for information on how your shareholdings have been affected by various merger and acquisition transactions. Information is also available regarding capital gains, valuation dates and share prices for 1971 and 1994.For more information
For questions on:
- Direct registration system advice or accounts
- Dividend payments and the dividend reinvestment and share purchase plan
- Change of address and e-delivery of shareholder documents
- Transfer or loss of share certificates and estate settlements
- Exchange of share certificates due to a merger or acquisition
Contact the transfer agent and registrar
Computershare Trust Company of Canada
1-800-558-0046 or 1 (514) 982-7129 (outside North America)
Email:
Visit:
[email protected]
Visit:
computershare.com
For questions regarding:
- Additional financial or statistical information
- Industry and Company developments
- The latest news releases and investor presentations
Contact TELUS Investor Relations
1-800-667-4871 or 1 (604) 643-4113 (outside North America)
Email:
Visit:
[email protected]
Visit:
telus.com/investors
TELUS executive office
510 West Georgia Street
Vancouver, British Columbia
Canada V6B 0M3
(604) 697-8044
Vancouver, British Columbia
Canada V6B 0M3
(604) 697-8044
TELUS general information
1-800-308-5992
(604) 432-2151
1-800-308-5992
(604) 432-2151
Auditors
Deloitte LLP
Deloitte LLP
Ethics Line
As part of our ethics policy, this hotline allows team members and others to anonymously and confidentially raise accounting, internal controls and ethical inquiries or complaints.
1-888-265-4112
Visit:
Visit:
telus.ethicspoint.com
Item 1 of 3
- Dividends are subject to Board of Directors’ approval. If a dividend payment date falls on a weekend or holiday, the payment shall be made on the next succeeding day that is a business day.
- Shares purchased on this date forward will not be entitled to the dividend payable on the corresponding dividend payment date. Settlement cycles changed in 2024 to trade day plus one business day (T+1).
- This is an other specified financial measure. For more information, see Section 11.1 of the MD&A.
- 2023 and prior years have been restated to conform with the 2024 presentation.
- Converted using the foreign exchange rate as of the record date.
- Includes $500 million originally issued in April 2014 and $400 million issued in December 2015.
- Includes $325 million originally issued in March 2017 and $150 million issued in February 2018.
- Includes $400 million originally issued in December 2019 and $400 million issued in May 2020.