- Dividend yield reached 7.1% Tuesday, last traded at 7% in 2020
- Stock gained 25% after similar high-yield periods: analyst
BCE — one of Canada’s big three cable providers — has slumped 7.7% so far in 2023 but its dividend yield rose above 7% this week.
Photographer: Brent Lewin/Bloomberg
The stage is set for a comeback for BCE Inc. shares after the battered telecom giant’s dividend yield reached multiyear highs this week.
BCE — one of Canada’s big three cable providers — has slumped 7.7% so far in 2023 but its dividend yield rose above 7% this week, levels last reached during the global financial crisis and at the start of the Covid-19 pandemic in March 2020.
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