Telus cuts dividend and plans asset sales under new CEO

Canadian communications company Telus Corp. has announced a significant dividend cut of approximately 55% and plans to divest assets, including parts of its health division, as new CEO Victor Dodig aims to strengthen the balance sheet.

31 Jul, 11:13 — 31 Jul, 11:13

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bloombergHigh1h ago

Telus Cuts Dividend, Plans Asset Sales as New CEO Makes His Mark

Canadian communications company Telus Corp. slashed its dividend by about 55% and will try to unload assets, including parts of its health division, as new CEO Victor Dodig looks to repair the balance sheet.

By Shona Ghosh and Derek Decloet

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Telus cuts dividend and plans asset sales under new CEO

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Telus Cuts Dividend, Plans Asset Sales as New CEO Makes His Mark

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