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dividends per share

12 Months Ended

Dec. 31, 2024

dividends per share

dividends per share

13 dividends per share

(a)TELUS Corporation Common Share dividends declared

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​	​	​	​	​	​	​	​	​	​	​
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

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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
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-URIDate 2024-03-27

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- References

No definition available.

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