BCE Inc. Plans Quarterly Dividend of $0.44 (TSE:BCE)

Key Points

• BCE announced a quarterly dividend of C$0.4375 per share, with an ex-dividend date of March 16 and record/pay date of April 15, implying about a 5.0% annualized yield.
• Shares recently traded at C$35.09 with a market capitalization of C$32.72 billion, a P/E ratio of 5.17, and a 52-week range of C$28.73–C$36.25.
• BCE reported quarterly EPS of C$0.69, with a return on equity of 31.99% and net margin of 26.4%, and analysts expect roughly C$3.11 in EPS for the fiscal year.

BCE Inc. (TSE:BCE - Get Free Report) NYSE: BCE announced a quarterly dividend on Monday, March 16th, TickerTech Dividends reports. Investors of record on Wednesday, April 15th will be paid a dividend of 0.4375 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Monday, March 16th.

BCE Stock Up 0.2%

TSE BCE traded up C$0.06 during trading hours on Friday, hitting C$35.09. The company had a trading volume of 2,956,924 shares, compared to its average volume of 3,666,629. The firm's 50 day moving average is C$34.64 and its 200 day moving average is C$33.34. The company has a debt-to-equity ratio of 179.16, a current ratio of 0.58 and a quick ratio of 0.43. BCE has a fifty-two week low of C$28.73 and a fifty-two week high of C$36.25. The company has a market capitalization of C$32.72 billion, a price-to-earnings ratio of 5.17, a P/E/G ratio of 4.67 and a beta of 0.38.

BCE (TSE:BCE - Get Free Report) NYSE: BCE last issued its quarterly earnings data on Friday, March 6th. The company reported C$0.69 EPS for the quarter. BCE had a return on equity of 31.99% and a net margin of 26.40%. Sell-side analysts anticipate that BCE will post 3.1120864 earnings per share for the current fiscal year.

About BCE

Bell Media is Canada's leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada's most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada's cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec's fast-growing conventional French-language network, Noovo; the country's leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.

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