TSX:BCETelecom
Assessing BCE (TSX:BCE) Valuation After Dividend Cut And Layoff Announcement
Why BCE (TSX:BCE) just forced investors to rethink the stock
BCE (TSX:BCE) has shaken its long established income profile by cutting its dividend and announcing major layoffs, a reset that changes how many investors may think about holding the shares.
See our latest analysis for BCE.
The dividend cut and layoffs come after a period where momentum has picked up. BCE’s share price delivered an 11.6% 90 day return and a 13.4% 1 year total shareholder return at a CA$36.12 share price, while the 3...