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Why BCE's Dividend Has Been in the Spotlight Lately In this article : Why has BCE paused dividend growth? Future of BCE's dividends Should you invest in this stock now? Should you invest $...

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
What started as a concern in 2022 became a reality in 2025. The dividend knight cut its dividend by 56% in 2025 after 16 years of growing it. The last time it slashed its dividend was in 2008. Unlike in 2009, when BCE rebounded with a dramatic dividend hike of 116% in 2009, I anticipate stagnant dividends for at least the next two years. The world has changed for BCE. It no longer has the pricing power it once had due to its exclusive access to its own telecom infrastructure. But the regulator opened the infrastructure to competitors. Heightened competition and a subsequent price war eroded BCE's pricing power. Bell was not prepared for this, as it had already invested billions in building 5G infrastructure and funded it with debt. The price war reduced the return on capital employed, and high interest rates increased the cost of capital, making debt a burden. BCE still kept more than 100% dividend-payout ratio for two years in hopes of reversing the regulatory change. The telco Show less Read more
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