BCE, Inc. (BCE) To Go Ex-Dividend on September 15th

BCE, Inc. (NYSE:BCE) (TSE:BCE) declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.4375 per share by the utilities provider on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Tuesday, September 15th.

BCE has decreased its dividend payment by an average of 0.2%annually over the last three years. BCE has a dividend payout ratio of 66.7% meaning its dividend is sufficiently covered by earnings. Analysts expect BCE to earn $1.94 per share next year, which means the company should continue to be able to cover its $1.26 annual dividend with an expected future payout ratio of 64.9%.

BCE Stock Up 0.5%

Shares of BCE stock opened at $23.38 on Friday. BCE has a 52-week low of $20.87 and a 52-week high of $26.52. The stock has a market cap of $21.80 billion, a price-to-earnings ratio of 4.78, a PEG ratio of 6.07 and a beta of 0.52. The firm’s 50-day moving average is $22.58 and its 200-day moving average is $23.80. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.69 and a current ratio of 0.73.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. BCE had a return on equity of 12.90% and a net margin of 25.49%.The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.35 billion. BCE has set its FY 2026 guidance at 1.798-1.919 EPS. Sell-side analysts predict that BCE will post 1.93 EPS for the current year.

About BCE

BCE Inc is a Canadian communications and media company headquartered in Montreal, Quebec. Through its Bell operations, the company provides wireless and wireline telecommunications services, including mobile voice and data plans, high-speed internet, telephone services, and business communications solutions.

BCE also offers television services, including conventional, satellite, and internet-based television, as well as digital content and streaming products. Its media operations include television networks, specialty channels, digital media properties, and sports and news programming.