BCE Inc. (BCE.TO)

Good stalwart. Yield is over 6%, growing steadily at mid-single-digit pace. Dominant player in a needs, not wants, business. Sector is an oligopoly, well regulated. Peak of capex is behind it. Quite profitable. Strong investment-grade credit.

He expects interest rates in Canada to keep rising, as high as 15%. BCE is tied closely to interest rates. He targets $35.81, or 32.5% lower than now. Their earnings can't match the dividend they pay out. Basically, you're losing equity (book value) as you collect the 7.24% dividend. Or you can buy a GIC of 5.5%.

He is not aware of much insider selling which was part of the question. It is a rock solid company in a great space with few competitors. It is a great time to buy any of the telecoms with BCE being his favourite.

Chosen for defensive income. All telecoms have faced headwinds from interest rates, regulatory concerns, and increased competition. No one's gone super price-competitive yet. Immigration a positive. Capital spending on fibre should trend down next couple of years. Happy to hold. Yield just over 7%.

The classic income stock. The dividend keeps rising year after year and he has clients who've owned it for generations. The stock appreciates modestly. All income stocks are in the toilet because of high interest rates, but now is a great time to buy it. It pays a dividend of 7%. They're finishing their 5G build-out, which will lead to lots of cash flow and maybe higher dividends. It's the least-indebted of the big 3 telcos. Oversold now.

Likes it for cashflow and yield of 7%. Telcos have had a tough time with rising interest rates. Will do better as rates come down. 

It is a stable business but has had a bit of a difficult year so far. 5G will happen more in the next while than it has in the past. Has a great dividend of 7% and regularly increases it.

Higher interest rates hard on business.
Good for long term investors. 
Will keep shares in company.
Demand for phone products very high.
Consistent dividend.

At the current dividend yield, you'll have a pretty good return even if the stock never goes up. An opportunity for a traditional widow(er)/orphan stock. Earnings are soft, cutting costs, CRTC focused on more competition. Hard to go wrong at this level.

BCE has outperformed, and has a higher yield currently. It is also cheaper on valuation right now. We would be fine buying it for income. Interest rates are always hard to call, but the worst should be over, based on Canada's slowing (even weakening) economic picture. 
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Slow growth business.
Teleco space not growing very well.
Internet segment strong.
Current share price a good buying opportunity. 
~7% divided yield very attractive.
If interest rates fall, very good time to buy.

High profits in terms of ROE, low risk and strong balance sheet. Good earnings, too. They have big cell phone and media businesses. Demand is steady. They will likely keep growing their dividend by 5% annually. Sleep well owning this.

Attractive dividend yield (above 7%) that is safe.
Expecting further growth in profits and dividend. 
Good time to buy shares.
Owns shares in company. 

If you own it, continue to hold and collect the dividend. When interest rates go down, this will probably do better. You could buy a bit now. Be careful, and get out if it drops below $50. Yield's good. See his Top Picks for a yield play.

Telco's tough with higher interest rates.
Stable dividend, but don't expect major capital growth.
Good time to invest with share price weakness.
Demand for 5G and media products not going away. 
7% dividend yield fairly safe - expected to rise.