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BCE's Series AH Preferred Shares Cross 7% Yield Mark

In trading on Tuesday, shares of BCE Inc's Series AH Preferred Shares (TSX: BCE-PRH.TO) were yielding above the 7% mark based on its monthly dividend (annualized to $0.9875), with shares changing hands as low as $13.70 on the day. As of last close, BCE.PRH was trading at a 44.00% 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.PRH shares, versus BCE:

Performance Comparison Chart

Below is a dividend history chart for BCE.PRH, showing historical dividend payments on BCE Inc's Series AH Preferred Shares:

BCE.PRH+Dividend+History+Chart

In Tuesday trading, BCE Inc's Series AH Preferred Shares (TSX: BCE-PRH.TO) is currently up about 4.2% on the day, while the common shares (TSX: BCE.TO) are down about 0.2%.

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

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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