BCE Series R Preferred Shares Surpass 6% Yield Benchmark

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In trading on Thursday, BCE Inc’s Series R Preferred Shares (TSX: BCE-PRR.TO) saw a yield exceeding 6%, with shares trading as low as $19.27. This represents an 18.44% discount to its liquidation preference amount. The annualized dividend for these shares is noted at $1.1832.

Additionally, BCE.PRR shares were down approximately 0.7% on the day, while common shares (TSX: BCE.TO) decreased by about 3.7%.

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