BCE Inc. (TSE:BCE) to Issue Quarterly Dividend of $0.44

BCE Inc. (TSE:BCE) (NYSE:BCE) announced a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be given a dividend of 0.4375 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Monday, June 15th.

BCE Trading Up 0.2%

BCE stock traded up C$0.08 during trading on Friday, reaching C$34.37. 3,461,996 shares of the stock were exchanged, compared to its average volume of 4,037,456. The business has a 50 day moving average price of C$33.37 and a 200-day moving average price of C$33.75. BCE has a 1 year low of C$29.68 and a 1 year high of C$36.25. The company has a current ratio of 0.66, a quick ratio of 0.43 and a debt-to-equity ratio of 183.90. The firm has a market capitalization of C$32.05 billion, a price-to-earnings ratio of 5.08, a P/E/G ratio of 4.67 and a beta of 0.24.

BCE (TSE:BCE) (NYSE:BCE) last posted its quarterly earnings results on Thursday, May 7th. The company reported C$0.63 earnings per share for the quarter. BCE had a net margin of 26.07% and a return on equity of 29.69%. The business had revenue of C$6.17 billion during the quarter. On average, research analysts predict that BCE will post 3.1120864 earnings per share for the current year.

Insider Transactions at BCE

In related news, insider Sean Cohan sold 3,645 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of C$33.48, for a total transaction of C$122,034.60. Also, Director Louis Vachon bought 15,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of C$33.39 per share, for a total transaction of C$500,850.00. Following the purchase, the director owned 75,000 shares in the company, valued at C$2,504,250. This represents a 25.00% increase in their position. Insiders sold a total of 11,255 shares of company stock worth $376,465 in the last 90 days. Insiders own 0.02% of the company’s stock.

About BCE

Bell Media is Canada’s leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada’s most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada’s cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec’s fast-growing conventional French-language network, Noovo; the country’s leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.