BCE invests for growth

BCE INC., $40.06, is a buy. The company (Toronto symbol BCE; Shares o/s: 912.3 million; Market cap: $36.6 billion; TSINetwork Rating: Above Average; Dividend yield: 10.0%) will now use the $4.2 billion in proceeds from the sale of its 37.5% stake in Maple Leaf Sports and Entertainment (MLSE)… Read More

MLSE sale cuts BCE debt

BCE INC., $46.49, is a buy. The company (Toronto symbol BCE; Shares o/s: 912.3 million; Market cap: $42.4 billion; TSINetwork Rating: Above Average; Dividend yield: 8.6%) has now agreed to sell its 37.5% stake in Maple Leaf Sports and Entertainment (MLSE) to Rogers Communications Inc. MLSE is the… Read More

Falling interest rates enhance their appeal

Our favourite telecom stocks—BCE and Telus—have rebounded from their recent lows. That’s mainly because the Bank of Canada has cut its benchmark interest rate three times since June, from 5.00% to 4.25%.
Lower interest rates help boost the appeal of high dividend-paying stocks compared to bonds… Read More