Safe and Stable Market Leading Dividend Yield
BCE has been sharing its success through dividends, which is why it remains a good investment option for dividend-seeking investors. In the last five years, the company has increased its dividends on average by 25%; dividend increases are supported by its strong cash flows and a healthy balance sheet. The company offers a high and sustainable dividend yield of 5.20%. The company recently increased its annual dividend by 6%, from $2.33 to $2.46. The dividend increase is justified with its solid cash flow generation. The dividend payments by the company are backed by its solid free cash flows, as shown below.