RE:New to forum- Dividend cash flowBCE just reported that they are reducing their CAPEX by $1B and as such will bring their payout ratio as a percentage of FCF under 100% for 2024.
If and when interest rate cuts come in 2024 they will be in an even better position.
The most experts agree the FED and BOC will bring rate cuts in 2024.
Not worried here.
GLTY and all
Whynottoday wrote: Hello all- I am new to this forum, but have being in the markets for many year as a DIY investor. I am retired now, so have more time to spend on my investments and make sure I don't run out of money.Thought it would be good to to join the forum with like minded investors.
I have held BCE for many years, and it is the first time I have been concerned about, the dividend/dividend growth may now be in danger. Their earnings per share is now lower than the payout for the dividend and they have been in negative cash flow position as of late. Has anyone else done any DD on this and that can share any thoughts on this concern?
Thank you all...