BCE, Inc. (NYSE:BCE) Announces Quarterly Dividend of C$0.44

Key Points

• BCE declared a quarterly dividend of C$0.4375 per share, payable October 15 to shareholders of record on September 15, representing an annualized yield of approximately 7.7%.
• The dividend appears adequately covered, with a current payout ratio of 66.7% and an expected future payout ratio of about 66.3%, though payments have declined by an average of 0.2% annually over the past three years.
• BCE reported quarterly earnings of C$0.47 per share, topping estimates of C$0.46, while its shares traded near C$22.75 and remained close to the lower end of their 52-week range.

BCE, Inc. (NYSE:BCE - Get Free Report) TSE: BCE declared a quarterly dividend on Thursday, August 6th. Investors of record on Tuesday, September 15th will be given a dividend of 0.4375 per share by the utilities provider on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

BCE has decreased its dividend payment by an average of 0.2%per year over the last three years. BCE has a dividend payout ratio of 66.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect BCE to earn $1.90 per share next year, which means the company should continue to be able to cover its $1.26 annual dividend with an expected future payout ratio of 66.3%.

BCE Price Performance

Shares of NYSE:BCE traded up $0.69 during trading on Thursday, reaching $22.75. The stock had a trading volume of 5,450,004 shares, compared to its average volume of 3,678,488. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.71 and a current ratio of 0.74. BCE has a 1-year low of $20.87 and a 1-year high of $26.52. The stock has a market cap of $21.22 billion, a PE ratio of 4.62 and a beta of 0.51. The business has a fifty day moving average price of $22.65 and a 200-day moving average price of $24.16.

BCE (NYSE:BCE - Get Free Report) TSE: BCE last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.01. BCE had a return on equity of 13.87% and a net margin of 25.66%.BCE has set its FY 2026 guidance at 1.798-1.919 EPS. On average, equities analysts forecast that BCE will post 1.85 earnings per share for the current fiscal year.

BCE Company Profile

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.

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