RE:RE:RE:BCE Shares down to a 12 year low The key here is growth in earnings and free cashflow which is needed to pay down high debt levels and support not only the existing dividend but go forward dividend growth
Doesn't seem like a Canada only telco solution will support Bell with the needed free cashflow to sustain the dividend so they needed to branch out into the larger USA market
This is positive for long term shareholders although its a hard pill to swallow if you held in the $50 range and watched it drop to $40.
I was waiting on the sidelines so I'm in at the $40 mark and will keep this as a piece of my portfollio unless all hell breaks lose but I think it will come back to the mid-40s in the next few months
IMO Cooper