A woman is silhouetted as the Telus Corp. logo is displayed on a screen during a company event in Vancouver on Friday, October 2, 2015. THE CANADIAN PRESS/Darryl Dyck

Telus reports Q3 profit and revenue up from year ago, raises dividend

Telus Corp. reported a third-quarter profit of $447 million, up from $406 million a year ago, and raised its dividend.

Telus Corp. reported a third-quarter profit of $447 million — up from $406 million a year ago — and raised its dividend.

The company says it will now make a quarterly payment to shareholders of 54.5 cents per share, up from 52.5 cents.

The profit amounted to 74 cents per share for the quarter ended Sept. 30, up from 68 cents per share a year ago.

Operating revenue totalled $3.77 billion, up from $3.40 billion in the third quarter of 2017.

On an adjusted basis, Telus says it earned 74 cents per share for the quarter, up from 70 cents a year ago.

Thomson Reuters Eikon says analysts on average expected a profit of 72 cents per share.

Telus reported 145,000 net new wireless customers, as well as an increase of 36,000 high-speed Internet subscribers and 18,000 Telus TV customers.

Read more: Telus launches charitable foundation to help vulnerable youth

Read more: B.C. and Alberta cellphones will light up Wednesday with emergency test signal

Companies in this story: (TSX:T)

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Ruskin Dam project complete, road re-opens over bridge

Bash on the Bridge celebration Saturday.

Hilti opens new service centre in Pitt Meadows business park

Located on Airport Way in Golden Ears Business Park.

MacDuff’s Call: Compassion within our communities

Support for Alisa’s Wish Child and Youth Advocacy Centre.

Ridge Jr. B Flames making additions

Four players sign, two coaches join mix.

UPDATE: Two-vehicle incident on Abernethy Way, Maple Ridge

Road near 227th Street reopens in both directions.

Police release photos of suspect in daytime sex assault at Vancouver woman’s home

A young woman, in hers 20s, was followed home by the man, before he violently attacked her inside

Raptors beat Bucks 100-94 to advance to franchise’s first-ever NBA Finals

Leonard has 27 points, 17 boards to lead Toronto past Milwaukee

Third person charged in death of B.C. teen Bhavkiran Dhesi

Inderdeep Kaur Deo facing charge of accessory after the fact to murder

Kamloops girl, 9, recovering from carbon monoxide poisoning now out of ICU

Her mother who was sleeping in the same tent with her did not survive

UPDATE: Surrey RCMP say boy, 11, missing for two days found safe

Dominic Mattie was last seen at 5 p.m. in the 13500-block of Gateway Drive in Surrey

‘I think he’s still alive’: B.C. mom pleads for help finding son last seen a month ago

Family offering $5,000 reward for information leading to the safe return of Tim Delahaye

New poll suggests one-third don’t want politicians to wear religious symbols

Local politicians shouldn’t be allowed to wear hijabs, crucifixes or turbans on the job, survey suggests

Raptors fans far from home adjust plans to watch pivotal playoff game

Raptors currently lead the playoff series 3-2, and a win Saturday would vault them into NBA finals

Most Read