CALGARY, Feb. 21, 2012 /CNW/ - NOTICE IS HEREBY GIVEN that the Board of
Directors has declared a quarterly dividend of sixty-one cents ($0.61)
Canadian per share on the issued and outstanding Common shares and
sixty-one cents ($0.61) Canadian per share on the issued and
outstanding Non-Voting shares of the Company payable on July 3, 2012,
to holders of record at the close of business on June 8, 2012.
In the event that the proposed share conversion of Non-Voting Shares to
Common Shares on a one-for-one basis receives all requisite approvals
and is effective prior to the dividend record date of June 8, 2012,
holders of record on such date who previously held Non-Voting Shares
would hold Common Shares and would therefore receive the same dividend
as all other holders of Common Shares.
This new quarterly dividend is a three cent or 5.2 per cent increase
from the $0.58 quarterly dividends paid on January 3 and to be paid on
April 2, 2012 and 10.9 per cent increase from the $0.55 quarterly
dividend paid in July 2011.
By order of the Board
Senior Vice President
Chief Legal Officer and Corporate Secretary
Vancouver, British Columbia
February 21, 2012
SOURCE TELUS Corporation
For further information:
Contact: Investor Relations, (604) 643-4113, firstname.lastname@example.org