BCE's Series AI Preferred Shares Crosses Above 4% Yield Territory
In trading on Monday, shares of BCE Inc's Series AI Preferred Shares (TSX: BCE-PRI.TO ) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.6875), with shares changing hands as low as $17.14 on the day. As of last close, BCE.PRI was trading at a 30.56% 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.PRI shares, versus BCE:
Below is a dividend history chart for BCE.PRI, showing historical dividend payments on BCE Inc's Series AI Preferred Shares: