BCE Inc. (TSE:BCE) (NYSE:BCE) declared a quarterly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.793 per share on Tuesday, October 15th. This represents a $3.17 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date is Friday, September 13th. This is an increase from BCE’s previous quarterly dividend of $0.79.
TSE BCE traded up C$0.31 during trading hours on Wednesday, hitting C$63.80. 814,723 shares of the stock were exchanged, compared to its average volume of 1,696,340. The company has a quick ratio of 0.45, a current ratio of 0.57 and a debt-to-equity ratio of 135.01. The company has a market cap of $57.15 billion and a price-to-earnings ratio of 19.63. BCE has a 12-month low of C$50.72 and a 12-month high of C$63.86. The stock has a 50-day moving average of C$61.66 and a 200 day moving average of C$60.39.
BCE (TSE:BCE) (NYSE:BCE) last announced its quarterly earnings data on Thursday, August 1st. The company reported C$0.94 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.90 by C$0.04. The business had revenue of C$5.93 billion during the quarter, compared to analysts’ expectations of C$5.89 billion. On average, equities research analysts expect that BCE will post 3.7099999 earnings per share for the current year.
BCE Inc, a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. It operates in three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communications products and services, including 40 live and on-demand channels on smartphones and tablets; roaming services; push-to-talk, field service management, worker safety, and mobility management solutions; and asset management, smart buildings, smart cities, fleet management, and other Internet of Things services.
Read More: Why do analysts give a neutral rating?
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