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TELUS Reports Record Q1 2025 Growth and Extends Dividend Program

Story Highlights

An update from Telus ( (TSE:T) ) is now available.

On May 9, 2025, TELUS Corporation reported its first-quarter results for 2025, highlighting a record customer growth of 218,000, driven by demand for its bundled services. The company achieved a 3% increase in operating revenues and a 4% rise in Adjusted EBITDA, showcasing its resilience in a dynamic environment. TELUS also announced a 7% dividend increase and extended its dividend growth program through 2028, supported by strong EBITDA growth and free cash flow expansion. Additionally, TELUS acquired Workplace Options to enhance its global health and wellbeing solutions, and raised $1.6 billion in hybrid debt securities to strengthen its financial position.

Spark’s Take on TSE:T Stock

According to Spark, TipRanks’ AI Analyst, TSE:T is a Outperform.

Telus displays a strong financial performance with consistent revenue growth and robust cash flow generation. The financial health is supported by effective cost management and improved cash conversion efficiency. While the technical analysis shows mixed signals, the high P/E ratio raises valuation concerns, offset by a strong dividend yield. Positive corporate events and strategic initiatives in the earnings call bolster future growth prospects, despite some challenges in mobile ARPU and financing costs. Overall, Telus is well-positioned for long-term growth, but valuation and technical trends warrant caution.

To see Spark’s full report on TSE:T stock, click here.

More about Telus

TELUS Corporation is a Canadian telecommunications company that operates in the mobile and fixed broadband sectors. The company offers bundled services over advanced broadband networks and has a focus on technology-centric growth businesses, including TELUS Health and TELUS Agriculture & Consumer Goods.

Average Trading Volume: 4,285,518

Technical Sentiment Signal: Sell

Current Market Cap: C$31.45B

See more insights into T stock on TipRanks’ Stock Analysis page.

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