BCE, Inc. (BCE) to Issue Quarterly Dividend of C$0.44 on April 15th

BCE, Inc. (NYSE:BCEGet Free Report) (TSE:BCE) announced a quarterly dividend on Thursday, February 5th. Stockholders of record on Monday, March 16th will be given a dividend of 0.4375 per share by the utilities provider on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Monday, March 16th.

BCE has decreased its dividend payment by an average of 0.0%annually over the last three years. BCE has a dividend payout ratio of 66.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect BCE to earn $1.94 per share next year, which means the company should continue to be able to cover its $1.25 annual dividend with an expected future payout ratio of 64.4%.

BCE Trading Down 2.0%

Shares of BCE stock opened at $25.06 on Friday. BCE has a 1 year low of $20.28 and a 1 year high of $26.49. The company’s fifty day simple moving average is $23.99 and its 200-day simple moving average is $23.87. The company has a market cap of $23.37 billion, a price-to-earnings ratio of 5.10 and a beta of 0.60. The company has a current ratio of 0.58, a quick ratio of 0.55 and a debt-to-equity ratio of 1.81.

BCE (NYSE:BCEGet Free Report) (TSE:BCE) last released its earnings results on Thursday, February 5th. The utilities provider reported $0.49 EPS for the quarter, beating the consensus estimate of $0.45 by $0.04. BCE had a net margin of 26.14% and a return on equity of 16.30%. The firm had revenue of $4.66 billion during the quarter, compared to analysts’ expectations of $6.55 billion. During the same period in the prior year, the company earned $0.79 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. BCE has set its FY 2026 guidance at 1.790-1.910 EPS. As a group, sell-side analysts expect that BCE will post 1.94 EPS for the current year.

Key Stories Impacting BCE

Here are the key news stories impacting BCE this week:

BCE Company Profile

(Get Free Report)

BCE Inc (NYSE: BCE) is a Canadian communications, media and entertainment company that operates through its primary subsidiaries, including Bell Canada and Bell Media. As a large integrated telecommunications provider, BCE delivers a broad range of connectivity services and content to residential, business and wholesale customers across Canada. The company combines network infrastructure with media assets to offer bundled communications and entertainment solutions.

On the services side, BCE provides fixed-line and wireless voice services, mobile data, high-speed internet, fibre and broadband access, and television services through platforms such as Bell Fibe and Bell TV.

See Also

Dividend History for BCE (NYSE:BCE)

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