BCE Inc T.BCE.PR.M

Well Balanced Analysis from Seeking Alpha

[JoeBravo1]

Some may brush this off as a biased view from a newletter writer, but the report IMO, is well balanced by Nelson Smith who also happens to be a shareholder.

It takes into account both pros and cons, but he believes ultimately, BCE is a solid investment with a safe dividend and that 2024 is a pivotal year with 2025 to reap the benefits of the cost cutting and repositioning along with the payout ratio coming down considerably, and possibly below 100%.  FWIW, the report was written March 12/24.


BCE a Balanced View, Good, Safe Dividend...

[JoeBravo1]

2024 is expected to be a trough year in earnings before the bottom line increases in 2025 and beyond. Since BCE's big investment in upgrading its network to 5G is largely over, we can also expect free cash flow to decrease going forward. Higher earnings combined with decreased capex is good news for free cash flow in 2025 and beyond, which in turn in excellent for the long-term viability

[JoeBravo1]

Sorry about that last post.  Don't know what happened.  Must've pressed the wrong button.  Just wanted to highlight the important points of the writeup.  I'll try again.  If it doesn't work, just follow the link if you're interested in reading it. 2024 is expected to be a trough year in earnings before the bottom line increases in 2025 and beyond