I think I'm going to slowly sell off my bce. Besides the unsustainable dividend, lack lustre sales, selling off assets it just looks so unhealthy. It will be a small loss. Starting to buy some T and have a combination of the two.
BCE
- Thread starter Carvher
- Start date
I sold all mine last week. Just couldn't look at that dog any longer.
Had it for years, should have got rid of it a couple years ago but it always held up well thru tough times.
It may do ok from here but I just couldn't look at it anymore.
Had it for years, should have got rid of it a couple years ago but it always held up well thru tough times.
It may do ok from here but I just couldn't look at it anymore.
Mine I still hold, but trim it to be about equal weight to other telecoms I hold.
It used to be at about 14K in my account, but I moved 5K's of Bells old weighting into TICO, as a long shot.
It used to be at about 14K in my account, but I moved 5K's of Bells old weighting into TICO, as a long shot.
No. Free cash flow does not cover the dividend.
Bell sold a profitable MLSE recently. Bell wouldn't have sold if they didn't need to.
Is BCE’s 8.5% Dividend Yield Safe?
Telecom giant BCE (TSX:BCE)(NYSE:BCE) pays investors an exceptionally high yield of 8.5% right now. ...
ca.finance.yahoo.com
There are MANY instances of companies where FCF does not cover the dividend and yet they never cut, recovered, and went to raise them. While your point is valid, using single-reasons may be short-sighted and may be too conservative.
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Un huevo hoy puede convertirse en un pollo la semana que viene. Un huevo puede transformarse en muchos huevos o en muchos pollos.
Mi espanol es no muy bueno.
I had two look up convertirse. Not that far into Duolingo. Level 21
Necessito aprender mas.
What triggered your buy? Are you looking at $45 being potential support and maybe having a stop just under there?
Stock generally over react to the high side or the low side. It happens over and over again. Calculate your moving averages. You will know if it is a buy or sell if it is out of the norm. Even the best stock pickers can only approximate. In the stock picking game there is nothing that is sure, everything might be in your favor at this moment. Some news can hit the fan and things change in an instant.
BTW - BCE is a slo-mo Joe. Not a stock I would be interested in. I hunt bigger game.
BTW - BCE is a slo-mo Joe. Not a stock I would be interested in. I hunt bigger game.
This country cannot be successful without Bell’s internet or mobile network. Don’t forget they are the strongest player in traditional broadcast media too - radio and television as well as News.
We are all coming to accept that Canadian media has a no growth outlook as most people get their international media for free from YouTube and social media. That’s likely why they sold their share of MLSE to strengthen the balance sheet with liquidity. Media production costs keep increasing and businesses no longer have a reason to pay millions to advertise on radio or TV. That’s probably why the stock price keeps correcting. There is no reversing this trend, since internet broadcasters don’t pay one penny for the content people upload and distribute to people’s smartphones 24/7.
I don’t see them reducing the BCE dividend and the stock price should increase once interest rates are at 2.00% or lower.
We are all coming to accept that Canadian media has a no growth outlook as most people get their international media for free from YouTube and social media. That’s likely why they sold their share of MLSE to strengthen the balance sheet with liquidity. Media production costs keep increasing and businesses no longer have a reason to pay millions to advertise on radio or TV. That’s probably why the stock price keeps correcting. There is no reversing this trend, since internet broadcasters don’t pay one penny for the content people upload and distribute to people’s smartphones 24/7.
I don’t see them reducing the BCE dividend and the stock price should increase once interest rates are at 2.00% or lower.
BCE made a gain of 1.79% today ( maxed out at $46.46 ) before moving down and will bottom out soon and rise again
BCE bottomed out @ $46.07 and rose to $46.57 (1.16% gain ), Now 12:06 PM @ $46.17, close to bottom and will rise again.
I think focusing on BCE's divvy is shortsighted. They could cut it and the stock will probably go down but may actually recover and go up as divvy will then be considered safe (and it would probably be 5 to 6% after the cut) which will bring in alot of new value investors.
They may not cut it and it will continue to be in the mud.
Whatever scenario that plays out, I don't see a total return of this stock being even or higher than a TSX etf. So why gamble?
If you need dividends within sheltered accounts then just sell stock. If you need dividends within an investment account, most TSX60 etf's are paying about 3% are are taxed favourably as well.
I just don't see this stock as a holding that you can see having favourable tailwinds compared to the TSX60.
They may not cut it and it will continue to be in the mud.
Whatever scenario that plays out, I don't see a total return of this stock being even or higher than a TSX etf. So why gamble?
If you need dividends within sheltered accounts then just sell stock. If you need dividends within an investment account, most TSX60 etf's are paying about 3% are are taxed favourably as well.
I just don't see this stock as a holding that you can see having favourable tailwinds compared to the TSX60.
