Bell Aliant Announces Quarterly Dividend of C$0.48 (BA)
Bell Aliant (TSE:BA) declared a Quarterly dividend on Thursday, October 31st, Stock Ratings Network.com reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.475 per share on Tuesday, December 31st. This represents a yield of 7.06%. The ex-dividend date of this dividend is Friday, December 13th.
Several analysts have recently commented on the stock. Analysts at Scotiabank cut their price target on shares of Bell Aliant from C$27.00 to C$26.00 in a research note to investors on Friday, November 1st. They now have a “sector perform” rating on the stock. Analysts at Desjardins downgraded shares of Bell Aliant from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, October 30th.
Shares of Bell Aliant (TSE:BA) traded down 2.27% on Wednesday, hitting $26.70. 275,170 shares of the company’s stock traded hands. Bell Aliant has a 52-week low of $25.52 and a 52-week high of $29.26. The stock’s 50-day moving average is $26.78 and its 200-day moving average is $27.01. The company has a price-to-earnings ratio of 19.80.
Bell Aliant Inc through its subsidiaries is a regional communications service provider. It offers a range of communications, information and entertainment services, including voice, television (TSE:BA) Internet, data, video, wireless, value-added business solutions.
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