RE:RE:RE:RE:RE:RE:RE:Nope - Not a Dividend CutJayBanks wrote: For everyone talking about the dividend:
The most important dividend date of the year happens first week in February, as that is the announcement date for what is usually yearly increases. That's where you will get the indications of what to expect going forward for payouts.
I'm in the camp that it will continue to be raised about 5ish% so, expecting between $1.01-1.015 per quarter.
They bought the largest spectrum share, they are reducing capital expenditures related to lower revenue expansions, increased immigration means more customers even if they don't increase thier share of the competitive pie, buying back shares, adding tuck acquisitions and partnerships, divesting low revenue assets, and with interest rates set to reduce they are going to have less interest expenses, that is a bunch of positives as fare as the overall balance sheet outlook which should be supportive of continued payout growth trend, at this point.
That said, I feel pure revenue generating growth going forward might be a lingering issue, as the government is trying to reduce costs on access which would reduce revenue per user, the media division has many headwinds that can cause struggles and also the potential of a new player coming can reduce market share.
I have put in a limit order to add a few shares, I'm just taking advantage of the beat up share price to set up my portfolio better for utilizing call option potential and keep it somewhat balanced for me. I don't feel that this is a strong buy on the buisness itself. I'm interested in the recovery aspect as we should likely be valued mid $60s, with periods of overbuying that hit $70s, I've somewhat changed my perspective from an investor in BCE (for about 10 years) to a likely trader, as I don't know that this is the same company going forward that will grow 8-12% a year like it did from 2009-2017.
EXCELLENT COMMENTARY Indeed !!!!!!!!! For a Young Investor You WILL DO VERY WELL in the Decades Ahead