Telus
T.TO (TSX)
Telus (T) stands out as a stable investment option in the telecom sector, boasting an impressive dividend yield of 9.39%. Despite facing a 5.89% dip over the past year and a 29.03% decline over the past five years, the company is projected to achieve over 10% annual free cash flow growth through 2028, highlighting its potential for recovery. Analysts remain mixed on the stock, with eight recommending a buy and others suggesting a hold or sell, indicating a cautious but optimistic outlook as Telus continues to focus on its dividend growth strategy.
Pros:
- High dividend yield
- Strong operational performance
Cons:
- Recent negative returns
- Analyst downgrades
Telus (T.TO) may be suitable for income-focused investors seeking high dividend yields, particularly those willing to tolerate short-term volatility in exchange for potential long-term growth. While the stock's recent performance has been lackluster, its projected free cash flow growth suggests a cautious optimism for recovery, making it a consideration for those prioritizing dividend stability in their portfolios.