BCE Inc. Stock News

BCE Inc. has underperformed the Canadian market by 35.1% due to a confusing debt strategy and macroeconomic uncertainties. Bell's high cost of equity, driven by a high dividend yield, is unsustainable without growth in both top and bottom lines. The Canadian telecom market's maturity limits growth, making the Ziply Fiber acquisition a strategic move to diversify and expand.

BCE's high debt and Ziply capex needs are likely to force a dividend cut within 12–18 months, negatively impacting share prices. BCE's capex situation should improve in 2025, but is likely to get worse again in 2026 and 2027. BCE's valuation is attractive, but debt concerns and the need for further asset sales make it a risky investment.

MONTRÉAL, March 7, 2025 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced the filing of its 2024 annual report on Form 40-F with the U.S. Securities and Exchange Commission (SEC). BCE's Form 40-F includes audited financial statements for the year ended December 31, 2024, and is available on BCE's website at  BCE.ca  in the Investors section and on the SEC's website at SEC.gov.

Ultra-high-yield stocks can be an interesting place to look if you're a deep-value investor who's willing to embrace the much-heated, hard-hit names that others have written off.

TELUS: Solid Guidance, But Valuation Gets Troublesome

We had previously suggested that BCE had a very high probability of cutting its outsized dividend. Management set that up with the Q4-2024 results. We go over the hints dropped and speculate on the size of the cut and its timing.

A high-yielding dividend stock can be a great investment -- until it isn't. Just ask Walgreens Boots Alliance shareholders, who last month learned that the company was suspending its dividend.

BCE Inc. (NYSE:BCE ) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Thane Fotopoulos - IR Mirko Bibic - President and CEO Curtis Millen - CFO Conference Call Participants Maher Yaghi - Scotiabank Drew McReynolds - RBC Capital Markets Sebastiano Petti - JPMorgan Vince Valentini - TD Securities Aravinda Galappatthige - Canaccord Genuity Jerome Dubreuil - Desjard...