Telus Cuts Dividend 55% to Put Debt First
Telus cut its dividend by 55% and plans to direct C$2.7 billion in cumulative savings toward debt reduction through 2028. Weak mobile growth and falling ARPU put its recovery plan under pressure.
View StoryBuffett's S&P 500 Advice: What 107 Positive 20-Year Periods Do and Don't Show
Every rolling 20-year period in Crestmont Research's data ended with a positive annualized total return. That record has limits, and fund fees differ.
BlueScope's Special Dividend Tests Its New Payout Strategy
BlueScope's reported final and special dividends put its shareholder-return plan under scrutiny as major projects move into commissioning. Company material available here does not confirm the special dividend's amount or payment timetable.
CHCT Cuts Dividend as Earnings Miss Estimates
Community Healthcare Trust cut its quarterly dividend to $0.33 after second-quarter earnings and revenue fell short of expectations. On October 2, shares closed near their 52-week low.