As a dividend investor, Telus, yielding 5.66% at its present price, is a wonderful stock. A generous dividend with a low chance of being cut by any meaningful amount.
Selling today at a price approaching its low for the year, Telus (T) has lots of headroom. I would not be in the least surprised to see Telus selling for more than $30 sometime in the coming year.
I am stocking up on Telus; I'm buying more than I have as my goal. I plan to sell the excess when the time is right. One must always keep avenues open for generating not just yield but cash for future retirement portfolio purchases.
Telus is one of my core holdings in my retirement income portfolio.
