BCE Inc T.BCE

Telus and Rogers getting Beat on Too

[DeanEdmonton]

I am not happy with where BCE is or where it seems to be heading, but to be balanced, Telus has taken a kicking too as has Rogers. No idea when the down draft will stop, it does seem overdone, even given the copmpetitive environment and interest rates, but what makes sense and what actually happens are rarely related in the short term. I would be extremely suprised to see any of the Telcos cut their dividend, not increase it maybe, but a drop just doesn't seem likely. The Board and management would be under tremendous pressure if they did that and would likely end up replaced enmasse.

[Niceneasydoesit]

I don't thing there is any risk of the divi being cut. These stocks have been through recessions, pandemics, inflation cycles, stagment growth years, regulatory changes/threats  the past 40-60 years, without missing a beat on the divi.  I think these stocks are simple out of favor and so there will be a time when they will rebound  However, you've got to know when to step

[DeanEdmonton]

Niceandeasy - I agree, short term no one can tell what individual stocks will do. Longer term, much easier to see the trend. Funny how so few want to buy when it is cheap, everyone wants to wait till it rises and dividend is GAURANTEED not to drop. Highly unlikely to drop, does not seem good enough for many. I have started slowly acquiring AQN for the same reason. Cheap, good assets, still

[DeanEdmonton]

I reiterate my previous comments and agree with HoneyBadger. Retail investors regualarly buy high and sell low becasue they are driven by greed and fear and insist on a triple confirmed direction to act.