bce
BCE Inc., an abbreviation of its former name Bell Canada Enterprises Inc., is a publicly traded Canadian holding company for Bell Canada, which includes telecommunications providers and various mass media assets under its subsidiary Bell Media Inc. Founded through a corporate reorganization in 1983, when Bell Canada, Northern Telecom, and other related companies all became subsidiaries of Bell Canada Enterprises Inc., it is one of Canada’s largest corporations. The company is headquartered at 1 Carrefour Alexander-Graham-Bell in the Verdun borough of Montreal, Quebec, Canada.
BCE Inc. is a component of the S&P/TSX 60 and is listed on the Toronto Stock Exchange and the American-based New York Stock Exchange.
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Canada’s telecom regulator recently reversed a prior decision to cut the rates that large telecoms charge smaller Internet service providers to access their high-speed networks. The decision will give BCE more cash to build out its networks and set the stage for its future growth....
BCE INC., $61.94 is a buy. The company (Toronto symbol BCE; Shares o/s: 904.6 million; Market cap: $55.7 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%) now benefits from a move by the Canadian Radio-television and Telecommunications Commission (CRTC) to reverse a rate cut for smaller Internet service providers looking to access the high-speed networks of BCE and other large telecoms.
BCE will use the resulting bump in its cash flow to speed up its fibre-optic network and ultrafast 5G wireless infrastructure projects.
The company will now earmark between $1.5 billion and $1.7 billion to those projects over the next two years....
BCE will use the resulting bump in its cash flow to speed up its fibre-optic network and ultrafast 5G wireless infrastructure projects.
The company will now earmark between $1.5 billion and $1.7 billion to those projects over the next two years....
BCE and Telus are high-quality firms with businesses that were well-prepared to withstand the COVID-19 slowdown. Longer term, the recent launch of their new ultrafast 5G wireless networks provides strong growth prospects and should boost their cash flow to pay for dividend increases.
TELUS, $27.51 (Toronto symbol T; Shares outstanding: 1.4 billion; Market cap: $37.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.6%; www.telus.com) gives you a stake in a wireless business that has 10.8 million subscribers....
MOLSON COORS CANADA INC. $70 (www.molsoncoors.com) is a hold. Molson’s sales in the quarter ended March 31, 2021, fell 9.7%, to $1.90 billion from $2.10 billion a year earlier (all amounts except share price in U.S. dollars). That’s mainly because many bars and restaurants remain closed due to COVID-19....
INNERGEX RENEWABLE ENERGY INC. $21 is a buy. The company (Toronto symbol INE; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 174.6 million; Market cap: $3.7 billion; Dividend yield 3.4%; Dividend Sustainability Rating: Above Average; www.innergex.com) operates 37 hydroelectric plants, 32 wind farms and six solar power fields.
With the April 2020 payment, the company increased its quarterly dividend by 2.9%, to $0.18 a share from $0.175....
BCE may have disappointed some aggressive investors in the past five years—it’s now roughly in the middle of its $50 to $65 price range for that period. However, income-seekers are no doubt pleased at the rise in its dividend, from $2.60 a share in 2015 to the current 2021 rate of $3.50, in the midst of an historic depression in bond interest rates and other sources that investors rely on for income.
While BCE’s payout has climbed, the company and its industry have made fundamental progress that’s likely to pay off with substantial gains in the next five years.
We’re used to—and quite happy with—the variable performance we’ve received over the years from BCE....
While BCE’s payout has climbed, the company and its industry have made fundamental progress that’s likely to pay off with substantial gains in the next five years.
We’re used to—and quite happy with—the variable performance we’ve received over the years from BCE....
MOLSON COORS CANADA INC. $60 (www.molsoncoors.com) is a hold. Many bars and restaurants remain closed or continue to operate at reduced capacity due to COVID-19. Molson’s sales in the quarter ended December 31, 2020, fell 7.7%, to $2.29 billion from $2.49 billion a year earlier (all amounts except share price in U.S....
BANK OF NOVA SCOTIA $76.98 (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $92.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.scotiabank.com) is Canada’s third-largest bank.
Thanks to an improving economic outlook, the bank is reversing some of the provisions it booked to cover bad loans during the onset of the COVID-19 pandemic in 2020.
In the quarter ended January 31, 2021, Bank of Nova Scotia set aside $764 million to cover future loan losses....
Thanks to an improving economic outlook, the bank is reversing some of the provisions it booked to cover bad loans during the onset of the COVID-19 pandemic in 2020.
In the quarter ended January 31, 2021, Bank of Nova Scotia set aside $764 million to cover future loan losses....
BCE INC. $54.88 is a buy. The company (Toronto symbol BCE; Shares o/s: 904.3 million; Market cap: $49.3 billion; TSINetwork Rating: Above Average; Divd. yield: 6.1%) is Canada’s largest traditional telephone service provider. It also has 3.66 million high-speed Internet users and 2.74 million TV subscribers....
BCE INC. $55 is a buy. The company (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 904.3 million; Market cap: $49.7 billion; Price-to-sales ratio: 2.1; Dividend yield: 6.1%; TSINetwork Rating: Above Average; www.bce.ca) is expanding the availability of its wireless home Internet service to households in rural locations and smaller towns....