BCE's Series AF Preferred Shares Cross 5% Yield Mark
In trading on Monday, shares of BCE Inc's Series AF Preferred Shares (TSX: BCE-PRF.TO ) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.7775), with shares changing hands as low as $15.53 on the day. As of last close, BCE.PRF was trading at a 37.60% 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.PRF shares, versus BCE:
Below is a dividend history chart for BCE.PRF, showing historical dividend payments on BCE Inc's Series AF Preferred Shares: