TSX:BCETelecom
Assessing BCE’s Valuation After Dividend Cut Layoffs And New Cost Reduction Plans
BCE (TSX:BCE) has moved sharply back into focus after cutting its dividend, announcing thousands of job layoffs and outlining fresh cost-cutting plans, a shift that challenges long held assumptions about Canadian telecom income reliability.
See our latest analysis for BCE.
The dividend cut and cost reductions came after a tough few years for investors, with a 3 year total shareholder return of 25.7% decline contrasting with a recent 90 day share price return of 10.01%. This suggests sentiment...