Q: Hi,
The BCE dividend is presently at almost 9%.
Would it be a smart move to buy it just for the dividend? The thing is I don’t want to lose capital that offsets the dividend either.
Knowing no one can predict future company actions, do you think they will cut their dividend?
Do you see the stock price drop if they don’t raise their dividend in February?
Where do you see BCE stock price in 5 to 10 years? Does it at least stay flat?
Thanks
The BCE dividend is presently at almost 9%.
Would it be a smart move to buy it just for the dividend? The thing is I don’t want to lose capital that offsets the dividend either.
Knowing no one can predict future company actions, do you think they will cut their dividend?
Do you see the stock price drop if they don’t raise their dividend in February?
Where do you see BCE stock price in 5 to 10 years? Does it at least stay flat?
Thanks
5i Research Answer:
While the dividend yield is certainly attractive, we do not think investors should buy shares...