BCE's Preferred Shares, Series 17, Cross 4% Yield Mark

In trading on Friday, shares of BCE Inc's Cumulative Redeemable Class A Preferred Shares, Series 17 (TSX: BCE-PRG.TO) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.8425), with shares changing hands as low as $21.00 on the day. As of last close, BCE.PRG was trading at a 14.80% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.

The chart below shows the one year performance of BCE.PRG shares, versus BCE:

Performance Comparison Chart

Below is a dividend history chart for BCE.PRG, showing historical dividend payments on BCE Inc's Cumulative Redeemable Class A Preferred Shares, Series 17:

BCE.PRG+Dividend+History+Chart

In Friday trading, BCE Inc's Cumulative Redeemable Class A Preferred Shares, Series 17 (TSX: BCE-PRG.TO) is currently up about 0.8% on the day, while the common shares (TSX: BCE.TO) are off about 1.4%.

Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

Also see:
• Historical PE Ratio
• Pioneer Bancorp Past Earnings
• TOF Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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