BCE's Series Y Preferred Shares Yield Pushes Past 3.5%
In trading on Tuesday, shares of BCE Inc.'s Series Y Preferred Shares (TSX: BCE-PRY.TO ) were yielding above the 3.5% mark based on its monthly dividend (annualized to $0.75), with shares changing hands as low as $21.36 on the day. As of last close, BCE.PRY was trading at a 15.29% 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.PRY shares, versus BCE:
Below is a dividend history chart for BCE.PRY, showing historical dividend payments on BCE Inc.'s Series Y Preferred Shares:
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