MANITOBA TELECOM T.MBT

Between Now and Then

[StocknerdEQcool]

Sitting with some cash this month, and wanting to buy more BCE which I already have holdings, I ended up yesterday buying 1000 MBT @ $37.65 /shares instead. Awaiting for BCE acquisition, I remain.

[StocknerdEQcool]

No dividend has been declared since July 2016 !! Any shareholder thinks we should be getting a special compensation soon??

[autofocus111]

I doubt we'll see any with the deal so close to clearing the final few hurdles. The only consolation MBT shareholders have is that BCE will pocket the cash saved by stopping those divie payments, so if you convert to BCE shares you will indirectly capture that benefit, whether through a higher BCE stock price or faster dividend growth longer term.

[MOJOJONO]

Oops, sorry would have included this answer to my other reply. MBT ceased dividend payments after Q2 FY2016 as part of the BCE acquisition. MBT shareholders will not be receiving anything else from MBT; aside from what is arranged with the acquisition going through in the choices of: cash, mix of cash and BCE shares, or 0.6756 BCE shares. "As part of the agreement, MTS will not declare any

[MOJOJONO]

Hmm... theoretically lets say the deal went through on/and Feb 8 was the conversion date. At what share price would you have acquired the 675.6 BCE shares? (Note: 0.6 fractional share will be sold by brokerage) Just asking because that would give an idea if it would be worth it to instead directly purchase the BCE shares (which goes ex-dividend around March 9 and the dividend was just increased

[StocknerdEQcool]

Thanks Mojojono, you are absolutely correct in your evaluation. I must admit that I didn't do this kind of detailed calculation before rushing in, also the acquisition approval time was unexpected to come this soon. For your information in case you have not verified that BCE's market price was around 57.50(+/-) on February 7. One last question, since I'm already in BCE's DRIP plan,