Is BCE Planning to Go All-In on the U.S Market?

#stocks #investing #stockmarket #finance #bce #verizon #vz

BCE Stock

[CalBru]

Disagree that they will cut the dividend. They have already stated they are holding it (which no one should complain about, given the yield). If they need to raise funds for an acquisition, they have the Montreal sports franchise that they own 50% of, their cash is starting to build with $250 million annualized from restructuring their labour force, they aren't investing capex into Canadian fiber (saving cash), the fibre network they have is less costly to maintain, so their expense line should drop AND .... they can always do a share swap.

I don't see a dividend cut in the cards, and would note that it is funny to see the same analysts who recommended it for the past 3 years, at FAR higher pricing and lower yields, are now saying its a hold/sell today. It is a screaming buy if you run the numbers, with 10.5% yield, funds to pay that, and GROWTH!

[Zizu]

BCE will sell shares from treasury before cutting the dividend. plus interest rates are much lower now, capex is lower, they cut 4600 jobs so less expenses/cost, and when they were planning to buy frontier they were making plans to sell more shares to get the funds, search that up so it shows they had no plans of cutting dividend even when trying to buy frontier which was way more expensive.

[madeleinewinterdown]

It’s an aristocrat. It can pause for two years without losing that status. You missed this in your earlier analysis