BCE's Series AE Preferred Shares Crosses Above 8.5% Yield Territory

In trading on Friday, shares of BCE Inc's Series AE Preferred Shares (TSX: BCE-PRE.TO) were yielding above the 8.5% mark based on its monthly dividend (annualized to $1.4068), with shares changing hands as low as $16.52 on the day. As of last close, BCE.PRE was trading at a 34.82% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.

The chart below shows the one year performance of BCE.PRE shares, versus BCE:

Performance Comparison Chart

Below is a dividend history chart for BCE.PRE, showing historical dividend payments on BCE Inc's Series AE Preferred Shares:

BCE.PRE+Dividend+History+Chart

In Friday trading, BCE Inc's Series AE Preferred Shares (TSX: BCE-PRE.TO) is currently up about 0.5% on the day, while the common shares (TSX: BCE.TO) are up about 1.7%.

Also see:
• Funds Holding NAZ
• IPCI Split History
• FCPT Stock Predictions

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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