HomeMarket NewsBCE's Series AF Preferred Shares Crosses Above 5.5% Yield Territory

BCE's Series AF Preferred Shares Crosses Above 5.5% Yield Territory

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In trading on Thursday, shares of BCE Inc’s Series AF Preferred Shares (TSX: BCE-PRF.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $0.9663), with shares changing hands as low as $17.38 on the day. As of last close, BCE.PRF was trading at a 29.48% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.

The chart below shows the one year performance of BCE.PRF shares, versus BCE:

Performance Comparison Chart

Below is a dividend history chart for BCE.PRF, showing historical dividend payments on BCE Inc’s Series AF Preferred Shares:

BCE.PRF+Dividend+History+Chart


Free Report: Top 8%+ Dividends (paid monthly)

In Thursday trading, BCE Inc’s Series AF Preferred Shares (TSX: BCE-PRF.TO) is currently off about 0.7% on the day, while the common shares (TSX: BCE.TO) are up about 1.2%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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