BCE Inc T.BCE

Alternate Symbol(s): BCEXF | T.BCE.P.E | T.BCE.P.R | T.BCE.P.F | BCPPF | T.BCE.P.S | T.BCE.P.G | T.BCE.P.T | T.BCE.P.H | T.BCE.P.Y | T.BCE.P.I | T.BCE.P.Z | BCE | T.BCE.P.J | BECEF | BCEFF | T.BCE.P.K | BCEIF | T.BCE.P.A | T.BCE.P.L | T.BCE.P.B | T.BCE.P.M | T.BCE.P.C | T.BCE.P.N | BCEPF | T.BCE.P.D | T.BCE.P.Q

Communication Services Telecom Services

BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.

TSX:BCE - Post by User

BCE Inc > Nope - Not a Dividend Cut

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on Dec 23, 2023 2:24pm

269 Views

Post# 35799252

RE:RE:RE:RE:Nope - Not a Dividend Cut

Well for BCE and other tele-coms times are worse than when covid was a threat as people were locked down and chained to their media with near zero percent interest rates. Current recession fears and high interest rates add very real costs and threats to telcos and media provider's bottom lines so yeah, probably worse for them than when people had no other entertainment choice and needed to be connected.

Dovish sentiments from the FED have started to alleviate those fears but the cost hits still have to be managed and shown to be less of a threat by actual earning reports. So far that hasn't happened and the market is still skittish. My dividend yield doesn't care and if BCE gets unduly punished more I will be ready to act...or at least I hope I will.

GLTY and all.

Experienced wrote: Quint....yep

I am market weight for now but am considering going overweight.

Interestingly, the close yesterday was aproximately (a few cents below) the closing price on March 20 2020 when the panic on COVID hit its depth. On that day the intraday low hit 49 and change and I bought some then as an overweight position (along with others like CM, ENB) and later sold the overweight positions to return to market weight for a profit. So right now we are close to the panic selling price we saw back then.

The reason I mention this that I find it interesting that the market is pricing BCE the same as it did when people thought the world was going to end with COVID and Governments were shutting down the economy with restrictions. Hard to imagine that the world is as bad as it was back then.