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Stock impact report

Is BCE Stock Finally a Buy in 2026? [Yahoo! Finance Canada]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
Earlier in 2025, I looked at BCE Inc. TSX: BCE ) through a very specific lens: tax-loss harvesting. In a non-registered account, selling below your cost base and using the capital loss to offset future gains can be a practical way to extract value from a bad stock pick. At the time, that framing made sense. It is now 2026, which raises a different question. Is BCE finally a buy today? That question comes after a major reset. In mid 2025, BCE cut its dividend in half, from $0.9975 per share to $0.4375. That move materially improved the company's financial flexibility by bringing its payout ratio down to about 43.1% of free cash flow. Previously, BCE was paying out more than it generated, which was not sustainable. That said, the company is not out of the woods. Investors are still digesting its acquisition of Ziply in the U.S., with no clear line of sight yet on whether it will be accretive. Debt-to-equity ratios remain elevated, and cost-cutting has been aggressive, particularly Show less Read more
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