BCE's Series R Preferred Shares Yield Pushes Past 5%
In trading on Monday, shares of BCE Inc's Series R Preferred Shares (TSX: BCE-PRR.TO) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.0325), with shares changing hands as low as $12.32 on the day. As of last close, BCE.PRR was trading at a 49.96% 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.PRR shares, versus BCE:
Below is a dividend history chart for BCE.PRR, showing historical dividend payments on BCE Inc's Series R Preferred Shares:
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