RE:BCE ex dividend but that only explains .80 cents downcttglvr wrote: Was there a downgrade on Canadian telecoms? I hold BCE that went ex dividend today so I expected a down day but no where near trading like a pot stock down. Looks like all the Telecoms were down big but I can't see any news that would substatiate the decline.
Yes, also surprised at the extent of the drop and especially for others like Telus who were not ex-dividend. Latest quarterly results were not encouraging and I think people were waiting to get the dividend before exiting. Am expecting a partial 'bounce' today, lets see.