Bce Inc dividend – BCE Announces 0.9675 Cash Dividend
June 2, 2023
🌥️Dividends Yield
On June 1, 2023, BCE ($TSX:BCE) Inc. announced a 0.9675 cash dividend, an increase from the annual dividend per share of 3.73 CAD, 3.68 CAD, and 3.5 CAD from the past three years. Investors have been rewarded with a dividend yield of 5.81%, 5.61%, and 5.79% for 2021, 2022, and 2023 respectively, with an average dividend yield of 5.74%. If you are looking for a dividend stock, BCE Inc. may be worth considering.
The ex-dividend date for this cash dividend is June 14, 2023, and investors will need to purchase the stock before this date to be eligible to receive the dividend. BCE Inc. has been a reliable dividend paying stock over the past few years and looks to continue this trend in the future.
Price History
The announcement coincided with the stock opening at CA$61.2 before closing at CA$61.1, down 0.3% from the prior closing price of CA$61.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bce Inc. More…
| Total Revenues | Net Income | Net Margin |
| 24.38k | 2.56k | 12.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bce Inc. More…
| Operations | Investing | Financing |
| 7.9k | -5.55k | -1.78k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bce Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 69.97k | 47.71k | 24.05 |
Key Ratios Snapshot
Some of the financial key ratios for Bce Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.6% | -2.1% | 20.1% |
| FCF Margin | ROE | ROA |
| 10.8% | 13.9% | 4.4% |
Analysis
At GoodWhale, we recently conducted an analysis of BCE INC‘s financials, and have identified them as a medium risk investment in terms of financial and business aspects. We found three risk warnings that could be concerning to potential investors when looking at BCE INC’s income sheet, balance sheet, and cashflow statement. If you’re interested in learning more about our analysis and the risks associated with investing in BCE INC, be sure to register on GoodWhale.com. Our platform will provide you with detailed information on our findings and help you make more informed decisions when it comes to investing. More…
Peers
Its competitors are Quebecor Inc, Rogers Communications Inc, and Shaw Communications Inc.
– Quebecor Inc ($TSX:QBR.B)
Quebecor Inc is a media and telecommunications company with a market cap of 5.99B as of 2022. The company has a Return on Equity of 52.27%. Quebecor Inc owns and operates several media and telecommunications businesses, including Videotron, an integrated communications company. Videotron provides television, Internet, and mobile phone services to residential and business customers in Quebec. The company also owns and operates TVA Group, a French-language television network in Canada. In addition, Quebecor Inc owns and operates several news websites, including Canoe.ca.
– Rogers Communications Inc ($TSX:RCI.B)
Rogers Communications Inc. is a Canadian communications and media company. It operates in three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communications products and services to consumers and businesses in Canada. The Cable segment provides television, Internet, and phone services to residential and business customers in Canada. The Media segment operates radio stations, digital media properties, and the Rogers Sportsnet television service.
– Shaw Communications Inc ($TSX:SJR.B)
Shaw Communications Inc is a Canadian telecommunications company that provides telephone, Internet, television, and wireless services to residential, business, and government customers in Canada and the United States. The company has a market cap of 17.47B as of 2022 and a return on equity of 12.9%. Shaw offers a variety of services including Internet, television, and telephone services. The company also provides wireless services to customers in Canada and the United States.
Summary
Investing in BCE Inc. may be an attractive option for income-seeking investors. The company has a long history of paying out a generous dividend, with an average yield of 5.74%. Over the past three years, the dividend per share has been 3.73 CAD, 3.68 CAD, and 3.5 CAD.
For 2021, 2022, and 2023, the dividend yields are expected to be 5.81%, 5.61%, and 5.79%, respectively. An investment in BCE Inc. could provide investors with a steady stream of income and the possibility of capital appreciation over the long term.
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