12:14:13 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,283,103
Close 2024-09-06 C$ 48.50
Market Cap C$ 44,245,730,496
Recent Sedar Documents

Globe say BCE, others seen as good dividend prospects

2024-09-09 08:56 ET - In the News

Also In the News (C-AP) Allied Properties Real Estate Investment Trust
Also In the News (C-BIP) Brookfield Infrastructure Partners LP
Also In the News (C-REI) RioCan Real Estate Investment Trust

The Globe and Mail reports in its Saturday, Sept. 7, edition that the Bank of Canada's recent interest rate cut may boost economic activity and lower borrowing costs but it will also make finding attractive dividend stocks more challenging. The Globe's David Berman writes that less than a year ago, inflation was high, interest rates were at a two-decade high of 5 per cent, and market sentiment was based on the belief that rates would remain higher for longer than expected. Big dividends were for the taking. Buying stocks with standout dividends now requires venturing deeper into riskier territory than banks, utilities and pipelines. It means looking at the telcos, whose share prices are beaten-up because of intense competition for smart-phone customers. Or office real estate investment trusts, where some companies are still struggling with high vacancy rates. Or oil and gas producers, which are at the mercy of volatile commodity prices. Even these sectors, though, are far from undiscovered. Allied Properties, which owns workspaces in large Canadian cities, has rebounded 15 per cent since late June. BCE has gained 13 per cent over a similar period. Other notable prospects are RioCan and Brookfield Infrastructure.

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