BCE, Inc. (BCE) To Go Ex-Dividend on June 15th

BCE, Inc. (NYSE:BCE) (TSE:BCE) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.4375 per share by the utilities provider on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Monday, June 15th.

BCE has decreased its dividend by an average of 0.2%per year over the last three years. BCE has a payout ratio of 66.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect BCE to earn $1.95 per share next year, which means the company should continue to be able to cover its $1.26 annual dividend with an expected future payout ratio of 64.6%.

BCE Price Performance

Shares of NYSE BCE opened at $24.57 on Friday. The business has a fifty day moving average price of $24.22 and a two-hundred day moving average price of $24.52. The stock has a market capitalization of $22.91 billion, a PE ratio of 4.99 and a beta of 0.50. BCE has a fifty-two week low of $21.58 and a fifty-two week high of $26.52. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.74 and a quick ratio of 0.71.

BCE (NYSE:BCE) (TSE:BCE) last issued its earnings results on Thursday, May 7th. The utilities provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.38 billion. BCE had a return on equity of 13.87% and a net margin of 25.66%.The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.69 EPS. BCE has set its FY 2026 guidance at 1.790-1.910 EPS. As a group, equities analysts predict that BCE will post 1.9 earnings per share for the current fiscal year.

BCE Company Profile

BCE Inc (NYSE: BCE) is a Canadian communications, media and entertainment company that operates through its primary subsidiaries, including Bell Canada and Bell Media. As a large integrated telecommunications provider, BCE delivers a broad range of connectivity services and content to residential, business and wholesale customers across Canada. The company combines network infrastructure with media assets to offer bundled communications and entertainment solutions.

On the services side, BCE provides fixed-line and wireless voice services, mobile data, high-speed internet, fibre and broadband access, and television services through platforms such as Bell Fibe and Bell TV.