20:36:22 EDT Mon 29 Apr 2024
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or Name
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CA



BCE Inc (2)
Symbol BCE
Shares Issued 865,611,188
Close 2016-02-05 C$ 58.16
Market Cap C$ 50,343,946,694
Recent Sedar Documents

Post says BCE enjoys strong wireless growth in Q4

2016-02-05 07:01 ET - In the News

The Financial Post reports in its Friday edition that BCE posted flat adjusted earnings of 72 cents a share in the fourth quarter, matching Street consensus. The Post's Christina Pellegrini writes that BCE had sales of $5.6-billion, up 1.4 per cent from the same three months in 2014. Net earnings decreased 8.5 per cent to $496-million. BCE also said it is raising its dividend by 5 per cent, or 13 cents a share, boosting the payout to $2.73. The company has hiked its dividend 12 times during the past seven years. Last week, Rogers shocked the market by deciding to keep its dividend unchanged. BCE announced that chairman Thomas O'Neill will retire from his post at the annual shareholder meeting on April 28. The board plans to nominate Gordon Nixon, a BCE director and former chief executive officer of Royal Bank of Canada, as Mr. O'Neill's successor. Bell Mobility delivered another quarter of steady growth, adding a net 91,308 new postpaid users during the busy holiday shopping season, down from 118,120 new additions the prior year. Increased data usage on Bell's faster LTE network, a greater mix of subscribers on contract and greater smart phone adoption boosted Bell's blended average revenue per user to $63.67.

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