Post by
BB123456 on Oct 03, 2022 9:34pm
BCE Preffereds
Does anyone here own the BCE Preferreds? Many are down around $14, so if they did get back to $25, it would be a nice gain. But they thing I don't get is the preferred yields are less than the common, so why not just buy the common and have the chance for unlimited upside?
Any thoughts?
Comment by
CHECKMATE77 on Oct 04, 2022 3:33pm
Name 1 pref at 14 I dare you
Comment by
pjn0987654321 on Oct 04, 2022 5:13pm
This may be one https://stockhouse.com/companies/quote?symbol=t.bce.p.f
Comment by
BB123456 on Oct 07, 2022 12:53pm
https://finance.yahoo.com/quote/BCE-PR.TO/?p=BCE-PR.TO These preferreds are at $13.68, so even under $14. The yield is 5.25% as the dividend is low, but any thoughts on buying this vs. the BCE commons which yield 6.55%? I can't see why BCE would call in these preferreds at $25 when it is such a cheap source of capital.