BCE Inc. (BCE)
BCE Divests Its MLSE Ownership Stake to Rogers for C$4.7 Billion
BCE Inc. BCE has finalized an agreement to sell its ownership stake in Maple Leaf Sports and Entertainment ("MLSE") to Rogers Communications Inc. ("Rogers") for C$4.7 billion. The deal is subject to approval from the relevant sports leagues and other customary conditions, and it is anticipated to close in mid-2025.
September's 5 Dividend Growth Stocks With 5.11%+ Yields
Dividend growth stocks may not be the most exciting, but over the long term, all the dividend increases can really add up to meaningful cash flow in the later years. Every month we screen through for potential dividend growers looking for dividend safety, growth potential and consistent dividend payers. This month, we have three income favorites, one of which we haven't touched on since early 2022, and two new names to look at.
BCE's 8.3% Yield: A Telecom Giant Ready For A Comeback
BCE offers an 8.3% dividend yield and trades at a discounted Price-to-Cash Flow ratio of 5.9x, making it an attractive value play. Despite recent stock underperformance, BCE shows resilience with growth in mobile subscribers, broadband, and business solutions, driven by strategic investments in fiber and 5G. Cost-saving initiatives, including AI-driven customer service, enhance future cash flow and improve dividend coverage, with $20 million saved in Q2 alone.
BCE: The 7.1% Yielding Preferreds
We had previously rated BCE as a buy, and expected it to do better than TELUS and Rogers Communications. The stock has done poorly but the options have offset the bulk of the pain. We examine the Q2-2024 results, the dividend coverage and also look at one of the preferred shares.
Want $2,000 in Annual Dividends? Invest $30,000 in These 3 High-Yielding Stocks
There are many stocks that yield more than 5% and can be safe investments to hang on to here. Investors may be discounting some stocks too much due to questions around their growth prospects.
BCE's Q2 Earnings & Revenues Miss Estimates, Decrease Y/Y
BCE's second-quarter performance is affected by lower revenues from the Product segment and competitive pricing strategies.
BCE (BCE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for BCE (BCE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bell Media parent BCE posts slight revenue miss for Q2
Bell Media's parent company BCE Inc. (TSX:BCE) reported a slight revenue miss for the second quarter. Revenue was down 1% from the year-ago quarter at $6.01 million missing estimates of $6.07 million, which was attributed to an 8.7% decrease in product revenue to $697 million.
The Top 3 Telecom Stocks to Buy Now: Summer 2024
Telecommunications stocks have underperformed the overall market over the past year. The iShares U.S. Telecommunications ETF (NYSEARCA: IYZ ), the largest pure telecom ETF, has been flat, while the S&P 500 has rallied by 19% during this period.
BCE (BCE) Q2 Earnings and Revenues Lag Estimates
BCE (BCE) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.59 per share a year ago.
BCE (BCE) Expected to Beat Earnings Estimates: Should You Buy?
BCE (BCE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why Investors Need to Take Advantage of These 2 Utilities Stocks Now
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
