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BCE (BCE) 5-Year Dividend Growth Rate

: 5.10% (As of Dec. 2023)
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BCE's Dividends per Share for the three months ended in Dec. 2023 was $0.72.

During the past 12 months, BCE's average Dividends Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BCE was 53.90% per year. The lowest was -17.90% per year. And the median was 5.10% per year.

BCE's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.85. As of today, BCE's Dividend Yield % is 8.95%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BCE Inc is 1.52, which seems too high.

Good Sign:

BCE Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Telecom Services subindustry, BCE's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BCE 5-Year Dividend Growth Rate Distribution

For the Telecommunication Services industry and Communication Services sector, BCE's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where BCE's 5-Year Dividend Growth Rate falls into.



BCE 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


BCE  (NYSE:BCE) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

BCE's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.721/ 0.389
=1.85

During the past 13 years, the highest Dividend Payout Ratio of BCE was 1.52. The lowest was 0.77. And the median was 0.89.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BCE Inc is 1.52, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

BCE Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.9982024-03-142024-03-152024-04-15Cash DividendquarterlyCAD:USD 0.737368
CAD 0.9682023-12-142023-12-152024-01-15Cash DividendquarterlyCAD:USD 0.754720
CAD 0.9682023-09-142023-09-152023-10-16Cash DividendquarterlyCAD:USD 0.735808
CAD 0.9682023-06-142023-06-152023-07-17Cash DividendquarterlyCAD:USD 0.755744

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

BCE's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.91028456/32.40
=8.98 %

Current Share Price is $32.40.
BCE's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.91028456.

During the past 13 years, the highest Dividend Yield of BCE was 8.95%. The lowest was 4.22%. And the median was 5.13%.

Good Sign:

BCE Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BCE 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of BCE's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


BCE (BCE) Business Description

Address
1 Carrefour Alexander Graham Bell, Tour A-7, Verdun, QC, CAN, H3E 3B3
BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier—the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2022, the wireline segment made up 52% of total EBITDA, while wireless was 31% and media provided the remainder.