Retirees: 2 Tops TSX Dividend Stocks to Buy Now for Passive Income [Yahoo! Finance Canada]
TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
Company Research
Source: Yahoo! Finance Canada
Canadian pensioners are searching for ways to get better returns on their hard-earned savings. One popular option for generating passive income involves buying TSX stocks with good track records of dividend growth. Falling interest rates are already providing a new tailwind for some top Canadian dividend stocks that pulled back as interest rates soared, but investors can still find dividend deals. Telus Telus TSX:T ) trades near $22 at the time of writing compared to $34 at the peak in 2022. The 12-month low is close to $20. Communications companies spend billions of dollars on wireline and mobile infrastructure to ensure customers have access to the broadband services they need for work and entertainment. Telus uses debt to fund part of the capital program, so rising interest rates drive up borrowing costs. This is largely why the stock pulled back so much over the past two years. In addition, Telus International , a subsidiary that provides global firms with multilingual ca
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TIXT
News
- TELUS Acquires Additional Shares of TELUS Digital [Yahoo! Finance]Yahoo! Finance
- Which TSX Stock is the Best Buy Today? [Yahoo! Finance Canada]Yahoo! Finance Canada
- TELUS Digital Officially Launches Global Rebrand [Yahoo! Finance]Yahoo! Finance
- TELUS Digital Officially Launches Global RebrandBusiness Wire
- TELUS announces strategic partnership with Mila to drive AI advancements and capabilities across sectors [Yahoo! Finance]Yahoo! Finance
TIXT
Earnings
- 8/2/24 - Beat
TIXT
Sec Filings
- 9/26/24 - Form SC
- 9/9/24 - Form SC
- 8/12/24 - Form 6-K
- TIXT's page on the SEC website