u/Ridwan_AI

While the discourse frequently centers on the unsustainability of the current dividend payout ratio, I think most investors are forgettting to account for the company’s pivot from an intensive CAPEX cycle toward a phase of robust FCF generation.

With the 5G and PureFibre infrastructure rollouts done, management projects a 10% compounded annual growth rate in FCF through 2028, targeting $2.45 billion for the current fiscal year.

Also the appointment of Victor Dodig, former CEO of CIBC as CEO means the new goal will become balance sheet optimization and heavy monetization of TELUS Health.

PS: There's been a lot of dooming on Telus lately, and ofc "always inverse Reddit".