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Date: 8/3/2019 1:47:49 PM
Author: dripBarry Country Flag
Subject: 39269/39480 - Telus 2% DRIP discount returns after 8 year hiatus
 
 
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Message:

Jon-o on 8/2/2019 9:29:51 AM

"Effective October 1, 2019 TELUS will issue shares from treasury at a two per cent discount from the average market price for shares acquired through the reinvestment of dividends. These changes will apply to the dividends payable on October 1, 2019 to shareholders of record on September 10, 2019. Shares acquired with optional cash payments will be issued from treasury at 100 per cent of the average market price."

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dripBarry on 8/3/2019 12:47:49 PM

Thanks for this, Jon-O.

pmfly on 8/11/2019 7:24:48 PM

would this apply to synthetic DRIPs in a registered account?

Rascal on 8/12/2019 6:22:02 AM

I have always had the discounts applied to my brokerage accounts.

Jon-o on 8/13/2019 5:33:23 AM

Depends on the Broker. Some pass along the discount, others do not.
 
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