BCE Inc T.BCE.PR.D

Dividend Cut or Cost Cutting...

[JoeBravo1]

BCE already announced the $0.998 per share dividend with ex-date of March 14 so no, the dividend is not getting cut, not now and most likely, not anytime in the near future.

 

They did though announce cost cutting measures which will save BCE $150-$200 million this year and $250 million per year next year and future years, thus helping sustain the dividend.

 

Some posters along with critics should study reading 101 before stating inaccuracies.

[Mork102]

More likely to cut more jobs too much govt intervention so more cost cutting is on the table the dividend will not be cut as this is in so many pension portfolios a dividend cut will crash the market

[JoeBravo1]

Dividend cuts have been talked about for many years, but not actually by BCE. Only the critics and some people who most likely aren't even investors. BCE will be a leaner company moving forward.  It's unfortunate for those being laid off, but business is business.   Last time I checked, BCE was not a charity, nor a Government Entity that prints money without

[jx7000]

Yeah, the guys are like the Cdn banks--they do no lose. I'm in at just below C$49.