BCE Inc. (TSE:BCE) (NYSE:BCE) declared a quarterly dividend on Thursday, May 2nd, RTT News reports. Investors of record on Friday, June 14th will be paid a dividend of 0.7925 per share on Monday, July 15th. This represents a $3.17 dividend on an annualized basis and a dividend yield of 5.11%. The ex-dividend date is Thursday, June 13th.

Shares of BCE stock opened at C$62.02 on Wednesday. The company has a current ratio of 0.55, a quick ratio of 0.42 and a debt-to-equity ratio of 133.90. BCE has a twelve month low of C$50.72 and a twelve month high of C$62.68. The company has a market capitalization of $55.82 billion and a P/E ratio of 19.45.

BCE (TSE:BCE) (NYSE:BCE) last issued its quarterly earnings data on Thursday, May 2nd. The company reported C$0.77 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.78 by C($0.01). The company had revenue of C$5.73 billion during the quarter, compared to analyst estimates of C$5.72 billion. On average, research analysts forecast that BCE will post 3.7299998 EPS for the current year.

BCE has been the topic of a number of recent analyst reports. Morgan Stanley raised their price objective on BCE from C$60.00 to C$63.00 in a research note on Thursday, March 14th. Citigroup downgraded BCE from a “buy” rating to a “neutral” rating and set a C$60.00 price objective on the stock. in a research note on Friday, May 3rd. Desjardins raised their price objective on BCE from C$63.00 to C$66.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Royal Bank of Canada raised their price objective on BCE from C$60.00 to C$61.00 in a research note on Tuesday, April 9th. Finally, CIBC raised their price objective on BCE from C$58.00 to C$59.00 in a research note on Friday, May 3rd. Six equities research analysts have rated the stock with a hold rating, BCE currently has a consensus rating of “Hold” and an average price target of C$60.90.

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BCE Company Profile

BCE Inc, a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. It operates in three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communications products and services, including 40 live and on-demand channels on smartphones and tablets; roaming services; push-to-talk, field service management, worker safety, and mobility management solutions; and asset management, smart buildings, smart cities, fleet management, and other Internet of Things services.

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Dividend History for BCE (TSE:BCE)

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