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BCE's Preferred Shares, Series AC Yield Pushes Past 5.5%

In trading on Monday, shares of BCE Inc.'s Cumulative Redeemable First Preferred Shares, Series AC (TSX: BCE-PRC.TO ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $0.8875), with shares changing hands as low as $15.75 on the day. As of last close, BCE.PRC was trading at a 35.12% 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.PRC shares, versus BCE:

Performance Comparison Chart

Below is a dividend history chart for BCE.PRC, showing historical dividend payments on BCE Inc.'s Cumulative Redeemable First Preferred Shares, Series AC:

BCE.PRC+Dividend+History+Chart

In Monday trading, BCE Inc.'s Cumulative Redeemable First Preferred Shares, Series AC (TSX: BCE-PRC.TO ) is currently down about 2.9% on the day, while the common shares (TSX: BCE.TO ) are off about 0.2%.

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


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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