TELUS Corporation
T.TO (TSX)
TELUS Corporation stands out as a Canadian dividend aristocrat, recognized by Morningstar Canada as a top buy for dividend-focused investors in 2026. Despite a challenging performance, with a 1-year return of -21.98% and a 5-year return of -35.97%, it offers a compelling dividend yield of 9.65%, making it ideal for those seeking reliable income from financially healthy companies.
Pros:
- High dividend yield
- Strong brand presence
Cons:
- Negative returns over the past year
- Market competition
TELUS Corporation (T.TO) may be suitable for dividend-focused investors seeking high yield, given its attractive dividend yield of 9.65%. However, potential investors should carefully consider its recent performance declines, with negative returns over the past year and five years, which may indicate inherent risks in the stock's stability and growth potential.