07:03:29 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 900,398,610
Close 2017-10-10 C$ 58.84
Market Cap C$ 52,979,454,212
Recent Sedar Documents

Globe says BCE, others offer growing dividends

2017-10-11 09:16 ET - In the News

Also In the News (C-CM) Canadian Imperial Bank of Commerce
Also In the News (C-EMA) Emera Inc
Also In the News (C-ENB) Enbridge Inc
Also In the News (C-POW) Power Corp of Canada
Also In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Wednesday edition that typical dividend growth stocks have low yields, but a record of providing reliable dividend growth through the years. The Globe's Rob Carrick writes that those dividend increases accumulate over the years, you end up with a rising yield on the capital you originally invested. However, it is possible to get both a high yield and dividend growth in today's market. Mr. Carrick notes that BCE's yield is in the 4.9-per-cent range, while five-year annualized dividend growth has been 4.8 per cent. Inflation averaged 1.4 per cent in the past five years. He calls Enbridge a long-term dividend growth stalwart with a yield of 4.7 per cent and history of raising its dividend 16.6 per cent annually over the past five years. Emera boasts dividend yield of 4.7 per cent and five-year dividend growth of 10 per cent. CIBC's yield is 4.7 per cent and the five-year dividend growth rate is 6.7 per cent. Power Corp. of Canada's yield is 4.5 per cent and five-year dividend growth is 4.3 per cent. Telus has a 4.4-per-cent yield and a five-year dividend growth rate of 10.1 per cent. Investors could do worse than high yields plus dividend growth potential.

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