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Ex-Dividend Reminder: TELUS, Rogers Communications and Kontoor Brands

By Dividend Channel Staff, Tuesday, September 5, 10:18 AM ET
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On 9/7/23, TELUS Corp (NYSE:TU), Rogers Communications Inc (NYSE:RCI), and Kontoor Brands Inc (NYSE:KTB) will all trade ex-dividend for their respective upcoming dividends. TELUS Corp will pay its quarterly dividend of $0.3636 on 10/2/23, Rogers Communications Inc will pay its quarterly dividend of $0.50 on 10/3/23, and Kontoor Brands Inc will pay its quarterly dividend of $0.48 on 9/18/23.

As a percentage of TU's recent stock price of $17.38, this dividend works out to approximately 2.09%, so look for shares of TELUS Corp to trade 2.09% lower — all else being equal — when TU shares open for trading on 9/7/23. Similarly, investors should look for RCI to open 1.23% lower in price and for KTB to open 1.07% lower, all else being equal.

Below are dividend history charts for TU, RCI, and KTB, showing historical dividends prior to the most recent ones declared.

TELUS Corp (NYSE:TU):

Rogers Communications Inc (NYSE:RCI):

Kontoor Brands Inc (NYSE:KTB):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 8.37% for TELUS Corp, 4.92% for Rogers Communications Inc, and 4.29% for Kontoor Brands Inc.


Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.

In Tuesday trading, TELUS Corp shares are currently off about 0.5%, Rogers Communications Inc shares are down about 0.9%, and Kontoor Brands Inc shares are off about 3.1% on the day.


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