TSE:BCE

BCE Inc. (BCE.TO)

30.37
-0.18 (0.59%)
as of Jul 2, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 2, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

BCE Inc. has faced significant challenges in the competitive telecommunications landscape, leading to a recent dividend cut of 56% aimed at funding growth and restructuring efforts, particularly in the AI data center infrastructure sector. Many experts recognize the company's dividend as relatively safe and attractive, citing a yield of around 5%, which is appealing for income-focused investors. However, they caution that the core business is under pressure due to intense competition, and prospects for capital appreciation may be limited in the near term. Some analysts suggest that BCE's strategic moves, including investments in the U.S. and advancements in fiber technology, could lead to long-term benefits, but a turnaround in share price may take time. Overall, while some see potential for stabilization and gradual growth, the general sentiment leans towards caution, with many preferring to approach BCE as a defensive income play rather than a growth stock.

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Consensus
Caution
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Valuation
Fair Value
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RCI.B
PAST TOP PICK

(Top Pick Sep 23/11, Up 19%) Owns it because they boost the dividend and people didn’t expect it. Company executed phenomenally well. 2-4% growth, not exciting, but it is a solid business and management says they are intending to constantly raise the dividend.

PAST TOP PICK

(Top Pick May 25/12, Up 7.56%) Maturing GICs have to be invested. People have to buy yield.

COMMENT

Preferred shares series AC. Originally 5% yield but this has fallen. Why? These are resets. Every 5 years, rates are reset and this is coming up in Feb/13 and is 80% of the five-year yield on Canada’s, which is at about 1.25% right now so the new dividend rate on these will be about 1%.

PAST TOP PICK

(A Top Pick Aug 11/11. Up 19.47%.) Still favourable on all the telcos. If you are looking for dividend and yields, you should be into telcos rather than utilities or pipelines, which are trading at much higher valuations. Still a Buy.

BUY
Likes management. Gaining share in wireless. Great dividend, which will continue to grow. Very defensive. 5.1% dividend.
BUY
(Market Call Minute.) Good dividend. Has been sort of sideways for a bit.
HOLD
Thinks the whole communications area in Canada is going to get a lot more competitive. Instead of buying bundled packages you will be able to buy individual channels on their own. Dividend is perfectly safe.
BUY
Have done a great job. This business is basically losing land lines and building wireless. They are very competitive versus the cable companies. Good free cash flow. Have increased their dividends quite nicely.
HOLD
Writing covered calls or selling the stock after the ex-dividend date and purchasing back at the next ex-dividend date? Also at what price should money be taken off the table with this? The premium you receive on a covered call off a stock like this tends to be low on a time value basis. Regarding selling, the stock looks pretty strong here and they have just done a positive acquisition. If you are inclined to trade and capture just the dividends, you could lose a pretty good performing stock.
HOLD
Doesn't think there will be a ton of growth and the acquisition of the Astro assets really indicated that. There is a fairly tight competitive structure in Canada. It gives you a good dividend and you have a company that is linked to GDP and as long as the Canadian GDP keeps moving north, you'll get an increase in that.
TOP PICK
Spinning out enormous amounts of free cash flow and that has been returned to shareholders. Have raised their dividend twice in the last 18 months. Yield of over 5%. Good balance sheet.
COMMENT
Gaining market share in TV and wireless communication. Growing media presence so it is diversifying its revenue and earnings base. Not a high flyer. Attracts the income crowd that wants slow growth.
BUY
Very over valued. Model price of $29.47, 30% downside, but everyone is going for yield and it is over 5%. If he had any smell of BCE doing the wrong thing, it could call to $38 and if it broke that level it would mean lower prices. Otherwise it could be here for a while.
PAST TOP PICK
(A Top Pick June 15/11. Up 18.52%.) Still likes. Very compelling dividend. Stock still has room to run.
BUY
(Market Call Minute.) Cheaper than Telus (T-T) of more expensive than Rogers (RCI.B-T). If you want dividends that grow, this is the one to own.
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