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dividends per share | 12 Months Ended
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Dec. 31, 2024
dividends per share |
dividends per share |
13 | dividends per share
(a)TELUS Corporation Common Share dividends declared ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Years ended December 31 (millions except per share amounts) | ​ | ​
TELUS Corporation | ​ | Declared | ​ | Paid to | ​ | ​ | ​
Common Share dividends |  | Effective |  | Per share |  | shareholders |  | Total
2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Quarter 1 dividend |  | Mar. 11, 2024 | ​ | $ | 0.3761 |  | Apr. 1, 2024 | ​ | $ | 554
Quarter 2 dividend |  | Jun 10, 2024 | ​ | ​ | 0.3891 |  | July 2, 2024 | ​ | ​ | 577
Quarter 3 dividend | ​ | Sept. 10, 2024 | ​ | ​ | 0.3891 | ​ | Oct. 1, 2024 | ​ | ​ | 578
Quarter 4 dividend | ​ | Dec. 11, 2024 | ​ | ​ | 0.4023 | ​ | Jan. 2, 2025 | ​ | ​ | 605
​ |  | ​ | ​ | $ | 1.5566 | ​ | ​ | ​ | $ | 2,314
2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Quarter 1 dividend | ​ | Mar. 10, 2023 | ​ | $ | 0.3511 | ​ | Apr. 3, 2023 | ​ | $ | 506
Quarter 2 dividend | ​ | June 8, 2023 | ​ | ​ | 0.3636 | ​ | July 4, 2023 | ​ | ​ | 526
Quarter 3 dividend | ​ | Sept. 8, 2023 | ​ | ​ | 0.3636 | ​ | Oct. 3, 2023 | ​ | ​ | 529
Quarter 4 dividend | ​ | Dec. 11, 2023 | ​ | ​ | 0.3761 | ​ | Jan. 2, 2024 | ​ | ​ | 550
​ | ​ | ​ | ​ | $ | 1.4544 | ​ | ​ | ​ | $ | 2,111
​ On February 12, 2025, the Board of Directors declared a quarterly dividend of $0.4023 per share on issued and outstanding TELUS Corporation Common Shares payable on April 1, 2025, to holders of record at the close of business on March 11, 2025. The final amount of the dividend payment depends upon the number of TELUS Corporation Common Shares issued and outstanding at the close of business on March 11, 2025.
(b) | Dividend Reinvestment and Share Purchase Plan
We have a Dividend Reinvestment and Share Purchase Plan under which eligible holders of TELUS Corporation Common Shares may acquire additional TELUS Corporation Common Shares by reinvesting dividends and by making additional optional cash payments to the trustee. Under this plan, we have the option of offering TELUS Corporation Common Shares from Treasury or having the trustee acquire TELUS Corporation Common Shares in the stock market. At our discretion, under the plan, we may offer TELUS Corporation Common Shares at a discount of up to 5% from the market price. Effective with our dividends paid October 1, 2019, we have offered TELUS Corporation Common Shares from Treasury at a discount of 2%. During the year ended December 31, 2024, eligible shareholders who participated in the plan elected to reinvest dividends declared of $655 million (2023 –$702 million). ​

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- Definition The disclosure of dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
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