BCE's Series T Preferred Shares Crosses Above 6.5% Yield Territory
In trading on Monday, shares of BCE Inc's Series T Preferred Shares (TSX: BCE-PRT.TO) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $0.7548), with shares changing hands as low as $11.49 on the day. As of last close, BCE.PRT was trading at a 52.60% 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.PRT shares, versus BCE:
Below is a dividend history chart for BCE.PRT, showing historical dividend payments on BCE Inc's Series T Preferred Shares:
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