BCE’s 11% Yield Comes With Risk

“BCE is yielding over 11% — but dividend investors need to listen closely.” “Dividend growth

investing works because rising dividends usually mean growing cash flow, discipline,

and long-term shareholder value — not just a high yield.” “BCE is Canada’s largest telecom,

operating Bell Wireless, Bell Internet, and Bell Media — with nationwide fiber,

5G networks, and brands like CTV and TSN.” “On paper, BCE looks strong:

43% EBITDA margins and massive infrastructure. But the dividend is frozen, the payout ratio

is over 100%, and free cash flow doesn’t fully cover it. Management has even

said the dividend is under review — a major red flag.” “High yield isn’t the same as high