BCE Inc.
Toronto symbol BCE, provides local and long distance telephone services in Ontario and Quebec. It also operates a nationwide wireless service.
ISHARES CANADIAN SELECT DIVIDEND INDEX ETF $24.27 (Toronto symbol XDV; buy or sell through brokers; ca.ishares.com) holds 30 of the highestyielding Canadian stocks. Its selections are based on dividend growth, yield and payout ratio. The weight of any one stock is limited to 10% of the ETF’s assets. The fund’s MER is 0.55%, and it yields 3.9%.
The fund’s top holdings are CIBC, 7.3%; TD Bank, 6.8%, National Bank, 6.7%; Bank of Montreal, 6.1%; Royal Bank, 5.5%; BCE, 4.8%; Ag Growth International, 4.6%; Bank of Nova Scotia, 4.5%; Bonterra Energy, 4.2%; and Laurentian Bank of Canada, 3.9%.
The ETF holds 55.2% of its assets in financial stocks. The top Canadian finance stocks have sound prospects. However, if you invest in this ETF, be sure to adjust the rest of your portfolio so it won’t be overly concentrated in the financial sector.
...
The fund’s top holdings are CIBC, 7.3%; TD Bank, 6.8%, National Bank, 6.7%; Bank of Montreal, 6.1%; Royal Bank, 5.5%; BCE, 4.8%; Ag Growth International, 4.6%; Bank of Nova Scotia, 4.5%; Bonterra Energy, 4.2%; and Laurentian Bank of Canada, 3.9%.
The ETF holds 55.2% of its assets in financial stocks. The top Canadian finance stocks have sound prospects. However, if you invest in this ETF, be sure to adjust the rest of your portfolio so it won’t be overly concentrated in the financial sector.
...
In next week’s Successful Investor Hotline, we’ll reveal our #1 stock pick for 2015. Don’t miss this unique opportunity to profit. BCE INC., $54.35, Toronto symbol BCE, recently agreed to buy Glentel Inc. (Toronto symbol GLN), which sells mobile phones and subscription plans through 494 Canadian stores, mainly under the Wireless Wave banner. Glentel also has 735 U.S. outlets and 147 in Australia and the Philippines. The company will pay $594 million (50% cash and 50% in BCE common stock) for Glentel’s outstanding shares. If you include Glentel’s debt, the entire deal is worth $670 million. To put that in context, BCE earned $648 million, or $0.83 a share, in the three months ended September 30, 2014....
Exchange traded funds (ETFs) are set up to mirror the performance of a stock market index or sub-index. They hold a more or less fixed selection of securities that represent the holdings that go into the calculation of the index or sub-index. ETFs trade on stock exchanges, just like stocks. That’s different from mutual funds, which you can only buy at the end of the day at a price that reflects the fund’s value at the close of trading. Prices of ETFs are quoted in newspaper stock tables and online. You pay brokerage commissions to buy and sell them, but their low management fees give them a cost advantage over most mutual funds....
BCE INC. $54.40 (Toronto symbol BCE; Shares outstanding: 839.6 million; Market cap: $44.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.bce.ca) recently agreed to buy Glentel Inc. (Toronto symbol GLN) for $670 million. Glentel sells mobile phones and subscription plans through 494 Canadian stores, mainly under the Wireless Wave banner. Glentel also has 735 U.S. outlets and 147 in Australia and the Philippines. However, rival wireless carrier Rogers Communications (Toronto symbol RCI.B) legally challenged the takeover. Rogers claims that its existing deal with Glentel gives it the right to block any change in control....
BCE INC. $52 (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 839.6 million; Market cap: $43.7 billion; Price-to-sales ratio: 2.1; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.bce.ca) is buying Glentel Inc. (Toronto symbol GLN), which sells mobile phones and subscription plans through 494 Canadian stores, mainly under under the Wireless Wave banner. Glentel also has 735 U.S. outlets and 147 in Australia and the Philippines.
The company will pay $594 million (50% cash and 50% in BCE common shares) for Glentel’s outstanding shares. If you include Glentel’s debt, the entire deal is worth $670 million. BCE expects to complete it in the first quarter of 2015.
The Glentel stores will keep selling subscription plans from rival wireless carriers. However, BCE feels the new outlets will help it win more customers, particularly as Ottawa now limits mobile contract terms to two years or less.
...
The company will pay $594 million (50% cash and 50% in BCE common shares) for Glentel’s outstanding shares. If you include Glentel’s debt, the entire deal is worth $670 million. BCE expects to complete it in the first quarter of 2015.
The Glentel stores will keep selling subscription plans from rival wireless carriers. However, BCE feels the new outlets will help it win more customers, particularly as Ottawa now limits mobile contract terms to two years or less.
...
BCE INC. $52 (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 839.6 million; Market cap: $43.7 billion; Price-to-sales ratio: 2.1; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.bce.ca) is buying Glentel Inc. (Toronto symbol GLN), which sells mobile phones and subscription plans through 494 Canadian stores, mainly under under the Wireless Wave banner. Glentel also has 735 U.S. outlets and 147 in Australia and the Philippines. The company will pay $594 million (50% cash and 50% in BCE common shares) for Glentel’s outstanding shares. If you include Glentel’s debt, the entire deal is worth $670 million. BCE expects to complete it in the first quarter of 2015. The Glentel stores will keep selling subscription plans from rival wireless carriers. However, BCE feels the new outlets will help it win more customers, particularly as Ottawa now limits mobile contract terms to two years or less....
BELL ALIANT INC. $27 (Toronto symbol BA, Conservative Growth Portfolio, Utilities sector; Shares outstanding: 227.8 million; Market cap: $6.2 billion; Price-to-sales ratio: 2.2; Dividend yield: 7.0%; TSINetwork Rating: Average; www.bellaliant.ca) ells telephone and Internet services to 2.5 million customers in Atlantic Canada, as well as rural parts of Ontario and Quebec. It also sells wireless services through an alliance with BCE, which owns 45% of Bell Aliant.
The company continues to replace its copper-wire cables with fibre optic lines. This lets it sell more high-speed Internet and digital TV subscriptions, and offset declining sales of its regular phone services, which still supply 60% of its revenue.
Bell Aliant expects to spend $550 million to $600 million on network upgrades in 2012, compared to $573 million in 2011. Its fibre optic systems now reach 621,000 homes. The company plans to increase that to 650,000 by the end of 2012.
...
The company continues to replace its copper-wire cables with fibre optic lines. This lets it sell more high-speed Internet and digital TV subscriptions, and offset declining sales of its regular phone services, which still supply 60% of its revenue.
Bell Aliant expects to spend $550 million to $600 million on network upgrades in 2012, compared to $573 million in 2011. Its fibre optic systems now reach 621,000 homes. The company plans to increase that to 650,000 by the end of 2012.
...
BCE INC. $51.08 (Toronto symbol BCE; Shares outstanding: 778.1 million; Market cap: $41.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.bce.ca) is Canada’s largest provider of telephone, Internet and wireless services. It also offers satellite and Internet TV across the country.
In the three months ended September 30, 2014, BCE’s earnings per share rose 10.7%, to $0.83 from $0.75 a year earlier. Revenue increased 1.9%, to $5.2 billion from $5.1 billion.
Revenue from wireless services (31% of the total) rose 7.0%. The company’s network upgrades continue to attract new wireless subscribers. It’s also gaining from rising use of smartphones, for which it charges higher service fees than regular cellphones.
...
In the three months ended September 30, 2014, BCE’s earnings per share rose 10.7%, to $0.83 from $0.75 a year earlier. Revenue increased 1.9%, to $5.2 billion from $5.1 billion.
Revenue from wireless services (31% of the total) rose 7.0%. The company’s network upgrades continue to attract new wireless subscribers. It’s also gaining from rising use of smartphones, for which it charges higher service fees than regular cellphones.
...
Growth by acquisition can be risky, but BCE’s size lets it take advantage of attractive opportunities with a strong chance of success. Some, like its $3.2-billion purchase of Astral Media, further diversify its operations. Others, such as Bell Aliant, offer a low-risk way to expand its wireless and Fibe TV networks and cut overlapping costs. BCE INC. $51.08 (Toronto symbol BCE; Shares outstanding: 778.1 million; Market cap: $41.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.bce.ca) is Canada’s largest provider of telephone, Internet and wireless services. It also offers satellite and Internet TV across the country. In the three months ended September 30, 2014, BCE’s earnings per share rose 10.7%, to $0.83 from $0.75 a year earlier. Revenue increased 1.9%, to $5.2 billion from $5.1 billion....
We still think investors will profit most—and with the least risk—by buying shares of well-established, dividend-paying stocks with strong business prospects.
These are companies that have strong positions in healthy industries. They also have strong management that will make the right moves to remain competitive in a changing marketplace.
Stocks like these give investors an additional measure of safety in today’s volatile markets. And the best ones offer an attractive combination of moderate p/e’s (the ratio of a stock’s price to its per-share earnings), steady or rising dividend yields (annual dividend divided by the share price) and promising growth prospects.
Here are 20 stocks we think meet those criteria:
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
...
These are companies that have strong positions in healthy industries. They also have strong management that will make the right moves to remain competitive in a changing marketplace.
Stocks like these give investors an additional measure of safety in today’s volatile markets. And the best ones offer an attractive combination of moderate p/e’s (the ratio of a stock’s price to its per-share earnings), steady or rising dividend yields (annual dividend divided by the share price) and promising growth prospects.
Here are 20 stocks we think meet those criteria:
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
...