BCE Inc. (BCE) Announces Quarterly Dividend of C$0.62
BCE (TSE:BCE) declared a Quarterly dividend on Thursday, June 12th, Analyst Ratings Network.com reports. Investors of record on Tuesday, July 15th will be given a dividend of 0.6175 per share on Tuesday, July 15th. This represents a yield of 4.91%. The ex-dividend date of this dividend is Thursday, June 12th.
BCE has been the subject of a number of recent research reports. Analysts at TD Securities raised their price target on shares of BCE from C$48.00 to C$49.00 in a research note on Thursday, June 5th. They now have a “hold” rating on the stock. On a related note, analysts at CSFB raised their price target on shares of BCE from C$47.00 to C$48.00 in a research note on Wednesday, May 7th. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse raised their price target on shares of BCE from C$47.00 to C$48.00 in a research note on Wednesday, May 7th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of C$47.64.
BCE (TSE:BCE) opened at 50.30 on Thursday. BCE has a 1-year low of $40.58 and a 1-year high of $51.09. The stock has a 50-day moving average of $49.54 and a 200-day moving average of $47.62. The company has a market cap of $39.098 billion and a price-to-earnings ratio of 19.79.
BCE (TSE:BCE) last announced its earnings results on Wednesday, May 7th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.05. On average, analysts predict that BCE will post $3.16 earnings per share for the current fiscal year.
BCE Inc is a communications company, providing residential, business and wholesale customers with a range of solutions to all their communications needs.
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