Telus
T.TO (TSX)
Telus stands out as a reliable telecom stock among the top high-dividend picks for 2026, boasting a substantial dividend yield of 9.25%. Despite experiencing a 1-year return of -19.12% and a 5-year return of -34.19%, it remains a compelling choice for investors seeking consistent income from financially healthy companies. With a mixed analyst sentiment—B of A Securities giving it a Buy rating while JP Morgan maintains an Underweight—prospective investors should weigh these insights carefully.
Pros:
- High dividend yield
- Established telecommunications provider
Cons:
- Negative 1-year return
- Market volatility risk
Telus (T.TO) may be suitable for income-focused investors looking for high dividend yields, given its 9.25% dividend yield despite recent underperformance reflected in its negative returns over the past year and five years. However, potential investors should consider the mixed analyst ratings and assess their risk tolerance and investment strategy before making a decision.