These preferreds were first issued in 2003 at $25.50. At the time, they paid a quarterly dividend of $0.34625 ($1.385 per year) to yield 5.4%. The dividend is reset every five years at not less than 80% of the five-year Government of Canada bond yield.
Income Investor
Sorry, you do not have access to this content.The high yield and the advantage of the dividend tax credit makes this an attractive holding in an income portfolio. - Richard Croft
Current Advice
Buy
Consult your broker/advisor
Interactive Performance Chart
BCE.PR.C was first recommended here on February 4, 2020