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BCE Inc. (BCE $32.06)
- $32.06 P/E (TTM): 71.28X Cap: $30.16B
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Q: what do you make of bce stating that it will not raise its dividend in 2025 but goes and buys a company for 5 billion dollars instead of working on debt repayment.
do you think this is a good idea?

Asked by hans on November 04, 2024

5i Research Answer:

We do not mind the acquisition itself. It adds 1.3 million fibre locations, giving it is a nice...

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