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To: Goose94 who wrote (150402)4/24/2023 10:00:13 AM
From: Goose94Read Replies (1) | Respond to of 202668
 
BCE (BCE-T) seven month high



To: Goose94 who wrote (150402)9/19/2023 2:12:15 PM
From: Goose94Read Replies (1) | Respond to of 202668
 
BCE (BCE-T) top pick from David Baskin on BNN.ca Market Call Toonie Tuesday September 19th @ 1200ET

BCE stock has sold off with other high dividend-yielding companies, recently showing a new 52 week low, which we view as overdone given the stable, resilient nature of BCE’s business. BCE has the lowest leverage of the “Big Three” telecoms with a long-dated maturity profile. Dividend growth will also be supported by strong free cash flows as BCE completes its capital program on fiber and 5G. With investors getting a tax-advantaged dividend yield of 7.2 per cent, we think this is an attractive investment for yield seekers, particularly as interest rates start to decline.

BNN Bloomberg is owned by Bell Media, which is a division of BCE.