Quote:
Originally Posted by Map Maker
My two cents.
Bce is paying almost 9% dividend yield. Most of us bought when the dividend yield was 5-8%.
So most don’t need dividend increases and makes sense until the company is about 70% payout.
BCE just mentions the dividend and shaky investors bail like the sky is falling.
But my skeptical side is they brought this up to see what the reaction is because corporate would love to cut dividend so they can have more cash flow.
It’s an oligopoly so I’m just holding and will take the 6-8% dividend.
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They will recovery as mention it an oligopoly in Canada it just Roger, Telus and bell. They run all the telecommunications and Canada pay the highest rate for cellular and internet services.
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