RE:Who cares about the company behind the dividend?I believe the CEO was referring to the performance and administration of BCE over the last year or so. Not just the last few weeks or a couple of months as they decided the dividend. The decision to raise the dividend was under full knowledge of the present circumstances. They raised it up because they knew they could.
Adventurous wrote: BCE is going through hard times and its CEO admits not having seen coming high rates, inflation, competition, etc., and moved the dividend yet higher... All about the divy. Seems to me BCE painted itself in a corner with this divy-herd mentality.
Sure holders will get paid, this month. But there will be an ex-dividend morning after when the stock might loose more than a dollar as holders rush to the exit. To sustain the dividend, better care about the company than the dividend itself.