BCE Inc.

Toronto symbol BCE, provides local and long distance telephone services in Ontario and Quebec. It also operates a nationwide wireless service.


Dividend yields for these two telecom firms have spiked in the past few weeks. That’s mainly because rising interest rates are prompting income-seeking investors to buy bonds. However, it looks like the current cycle of interest rate hikes has peaked and rates could fall in the next year....

Higher interest rates mean dividend-paying stocks must increasingly compete with fixed-income investments for investor interest. However, sustainable dividends still offer an attractive and growing income stream for investors.


Meanwhile, dividend-focused ETFs often follow strategies that can set investors up for maximum long-term gains with the least amount of risk....
CANADIAN TIRE CORP., $156.82, Toronto symbol CTC.A, is a top pick for 2023.

Investors benefit from the company’s 503 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
BCE INC., $56.28, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.10 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.34 million high-speed Internet users and 2.72 million TV subscribers (satellite and fibre-optic)....
BCE has largely completed a multi-year plan to upgrade its wireless and fibre-optic networks. Those improvements are already attracting new customers and lifting the company’s cash flow. BCE has also lowered capital spending, which will free up cash for future dividend hikes.


BCE INC., $60.50, is a buy. The company (Toronto symbol BCE; Shares o/s: 912.2 million; Market cap: $55.1 billion; TSINetwork Rating: Above Average; Yield: 6.4%) is Canada’s largest traditional telephone service provider....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $20.56, Toronto symbol AP.UN, remains a buy.

The REIT owns 199 office buildings and 13 properties under development, mainly in major Canadian cities.

Starting with the January 2023 payment, Allied raised its monthly distribution by 2.9%....
BCE INC., $60.28, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....

High interest rates mean dividend-paying stocks must increasingly compete for investor interest with bonds and other fixed-income instruments. However, focusing on sustainable dividends still offers an attractive and growing income stream for investors—as long as you avoid the riskier strategies that some ETF managers use to boost their yields (see supplement on page 60).


Here are three ETFs that aim to provide high-yield exposure to Canadian, as well as U.S., dividend payers.


VANGUARD FTSE CANADIAN HIGH DIVIDEND ETF $42.00 (Toronto symbol VDY; TSINetwork ETF Rating: Aggressive; Market cap: $2.1 billion) tracks the FTSE Canada High Dividend Yield Index....
BCE, Canada’s largest and oldest telecommunication provider, remains a top choice for dividend-seeking investors. That’s mainly due to its strong share of the telecom market— which has high barriers to entry.


The company is also close to completing a multi-year plan to build out its high-speed Internet and wireless networks....
BCE INC. $63 is a buy. The telecom giant (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 912.0 million; Market cap: $57.5 billion; Price-to-sales ratio: 2.4; Dividend yield: 6.1%; TSINetwork Rating: Above Average; www.bce.ca) plans to spend about $4.8 billion in 2023 on expanding its fibre-optic Internet systems and high-speed 5G wireless networks....