Telus Cuts Dividend Reinvestment Discount to 1.75% for April Payout

TUTU

TELUS will lower its discount on dividend-reinvested shares to 1.75% from average market price for the April 1, 2026 dividend, with a March 11 record date. Shares bought via optional cash payments will be issued at 100% of market price under its amended DRISP.

1. Discount Adjusted

TELUS will implement a step down to a 1.75% discount on shares issued from treasury under its Dividend Reinvestment and Share Purchase Plan for dividends payable April 1, 2026, with March 11 as the record date.

2. Cash Purchases at Full Price

Under the amended DRISP, shares acquired with optional cash payments will be issued from treasury at 100% of the average market price, eliminating any discount for cash-funded purchases.

3. Eligibility and Enrollment

Registered shareholders in Canada and the United States may enroll online or via Computershare by March 11, 2026, while non-registered holders should consult intermediaries for participation procedures.

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