You refreshed thoughts on BCE

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#BCE hasnt bounced back from the March crash. It is paying a very good dividend.
Any fresh thoughts?
– Continuation of dividend payments?
– Growth?
– Is it a good conservative play during these turbulent (and what appears to be frothy) times?
Thx
eric

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Asked on February 17, 2021 8:08 am
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Private answer

BCE is a solid company. Nothing to worry about here.

In terms of the continuation of dividend payments, I see absolutely nothing to indicate a cut or stalled payment from the company. In terms of growth, I'd prefer a company like Telus primarily due to its exposure to higher growth areas like security, telehealth etc. We just witnessed Bell Media lay off quite a few employees as its media division continues to struggle amidst the pandemic.

It's a solid, conservative play. I do like Telus more, all things considered, but I would never fault someone for purchasing BCE.

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Posted by Dan Kent
Answered on February 17, 2021 10:54 am