Post by PressRelease on Nov 04, 2024 7:15am
New Press Release - BCE to acquire Ziply Fiber, accelerating its fibre growth strategy across North America
Comment by
Dogsbreakfast4U on Nov 04, 2024 7:41am
No reduction/increase in 2025 dividend. Let's see how the market reacts to this news.
Comment by
RayDonovan78 on Nov 04, 2024 8:39am
I believe the no increse but I wouldnt say the no reduction is set in stone.
Comment by
Dogsbreakfast4U on Nov 04, 2024 11:10am
The market now thinks the dividend will be cut next year not just frozen. The company still says on their website (why invest in BCE) that they aim for dividend growth! This is misleading. Wonder if will see class action lawsuits in the USA after this disastrous announcement. With tax loss selling on the horizon this could go down to $35 in the next month or so with a dividend north of 12%!!