BCE preferred shares are trading on the TSX only
First Preferred, Series Q/R Top
- Download the short form prospectus (PDF 93 KB - Apr 13, 2010)
- Notice to holders of Series R (PDF 56 KB - Oct 16, 2015)
- Notice of dividend rate (PDF 128 KB - Nov 12, 2015)
- Press release - BCE reports results of Series Q and R Preferred Shares conversions (Nov 17, 2015)
Q | R | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
N/A |
05534B703 8,000,000 |
Annual dividend | Floating | 4.130% |
Dividend payment dates | the 12th day of every month | The 1st day of March, June, Sept. and Dec. |
Dividend terms | Starting December 1, 2020, series Q shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares | Until December 1, 2020, series R shareholders are entitled to receive quarterly cash dividends of 4.130% per annum computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.50 | $25.00 |
Redemption terms | BCE may redeem the series Q shares at any time for $25.50 per share | BCE may redeem the series R shares on Dec. 1, 2020, and every five years thereafter for $25.00 per share |
Convertible into | First Preferred, Series R | First Preferred, Series Q |
Conversion date | December 1, 2020 | December 1, 2020 |
Conversion terms | Holders of series Q shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2020 and on December 1 every five years thereafter, their shares into an equal number of series R shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of Series R shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2020 and on December 1 every five years thereafter, their shares into an equal number of series Q shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series Q and series R shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series Q shares, such remaining number of series Q shares shall automatically be converted into an equal number of series R shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series R shares, then no series Q shares shall be converted into series R shares | Following the close of business on last day for tendering the shares for conversion by holders of series R and series Q shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series R shares, such remaining number of series R shares shall automatically be converted into an equal number of series Q shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series Q shares, then no series R shares shall be converted into series Q shares |
See Credit ratings |
First Preferred, Series S/T Top
- Download the short form prospectus (PDF 92 KB - Apr 13, 2010)
- Notice for holders of Series S preferred shares (PDF 95 KB - Sep 16, 2016)
- Notice for holders of Series T preferred shares (PDF 95 KB - Sep 16, 2016)
- Notice of dividend rate (PDF 44 KB - Oct 13, 2016)
- Press release - BCE reports results of Series S and T Preferred Share conversions (Oct. 18, 2016)
S | T | |
---|---|---|
Ticker symbol Cusip Outstanding shares |
05534B869 3,513,448 |
05534B810 4,486,552 |
Annual dividend | Floating | 3.019% per annum |
Dividend payment dates | The 12th day of every month | The 1st day of Feb., May, Aug. and Nov. |
Dividend terms | Until November 1, 2021, Series S shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares | Until November 1, 2021, Series T shareholders are entitled to receive fixed quarterly cash dividends computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.50 | $25.00 |
Redemption terms | BCE may redeem the series S shares at any time for $25.50 per share | BCE may redeem the series T shares on November 1, 2021, and every five years thereafter for $25.00 per share |
Convertible into | First Preferred, Series T | First Preferred, Series S |
Conversion date | November 1, 2021 | November 1, 2021 |
Conversion terms | Holders of series S shares will, subject to the automatic conversion provisions, have the right to convert, on November 1, 2021 and on November 1 every five years thereafter, their shares into an equal number of series T shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series T shares will, subject to the automatic conversion provisions, have the right to convert, on November 1, 2021 and on November 1 every five years thereafter, their shares into an equal number of series S shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series S and series T shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series S shares, such remaining number of series S shares shall automatically be converted into an equal number of series T shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series T shares, then no series S shares shall be converted into series T shares | Following the close of business on last day for tendering the shares for conversion by holders of series T and series S shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series T shares, such remaining number of series T shares shall automatically be converted into an equal number of series S shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series S shares, then no series T shares shall be converted into series S shares |
See Credit ratings |
First Preferred, Series Y/Z Top
- Download the short form prospectus (PDF 209 KB - Apr 13, 2010)
- Notice for holders of Series Y preferred shares (PDF 150 KB - Oct. 16, 2017)
- Notice for holders of Series Z preferred shares (PDF 151 KB - Oct 16, 2017)
- Notice of dividend rate (PDF 37 KB - Nov 14, 2017)
- Press release - BCE reports results of Series Y and Z Preferred Share conversions (Nov. 17, 2017)
Y | Z | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
05534B851 8,081,491 |
05534B828 1,918,509 |
Annual dividend | Floating | 3.904% per annum |
Dividend payment dates | The 12th day of every month | The 1st day of March, June, Sept. and Dec. |
Dividend terms | Until December 1, 2022, series Y shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares | Until December 1, 2022, series Z shareholders are entitled to receive quarterly cash dividends of 3.904% per annum computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.50 | $25.00 |
Redemption terms | BCE may redeem the series Y shares at any time for $25.50 per share | BCE may redeem the series Z shares on December 1, 2022, and every five years thereafter for $25.00 per share |
Convertible into | First Preferred, Series Z | First Preferred, Series Y |
Conversion date | December 1, 2022 | December 1, 2022 |
Conversion terms | Holders of series Y shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2022 and on December 1 every five years thereafter, their shares into an equal number of series Z shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series Z shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2022 and on December 1 every five years thereafter, their shares into an equal number of series Y shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series Y and series Z shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series Y shares, such remaining number of series Y shares shall automatically be converted into an equal number of series Z shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series Z shares, then no series Y shares shall be converted into series Z shares | Following the close of business on last day for tendering the shares for conversion by holders of series Z and series Y shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series Z shares, such remaining number of series Z shares shall automatically be converted into an equal number of series Y shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series Y shares, then no series Z shares shall be converted into series Y shares |
See Credit ratings |
First Preferred, Series AA/AB Top
- Download the short form prospectus (PDF 199 KB - Apr 13, 2010)
- Notice to holders of Series AA preferred shares (PDF 64 KB - Jul 14, 2017)
- Notice to holders of Series AB preferred shares (PDF 172 KB - Jul 14, 2017)
- Notice of dividend rate (PDF 37 KB – Aug 9, 2017)
- Press release - BCE reports results of Series AA and AB Preferred Share conversions (Aug 22, 2017)
AA | AB | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
05534B794 11,398,396 |
05534B695 8,601,604 |
Annual dividend | 3.61% per annum | Floating |
Dividend payment dates | The 1st day of March, June, Sept. and Dec. | The 12th day of every month |
Dividend terms | Until September 1, 2022, series AA shareholders are entitled to receive quarterly cash dividends of 3.61% per annum computed in accordance with the terms and conditions attached to such shares | Until September 1, 2022, series AB shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.00 | $25.50 |
Redemption terms | BCE may redeem the series AA shares on September 1, 2022, and on September 1 every five years thereafter for $25.00 per share | BCE may redeem the series AB shares at any time for $25.50 per share |
Convertible into | First Preferred, Series AB | First Preferred, Series AA |
Conversion date | September 1, 2022 | September 1, 2022 |
Conversion terms | Holders of series AA shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2022 and on September 1 every five years thereafter, their shares into an equal number of series AB shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AB shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2022 and on September 1 every five years thereafter, their shares into an equal number of series AA shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series AA and series AB shares, if BCE determines that there would be outstanding on a conversion date less than 2,500,000 series AA shares, such remaining number of series AA shares shall automatically be converted into an equal number of series AB shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,500,000 series AB shares, then no series AA shares shall be converted into series AB shares | Following the close of business on last day for tendering the shares for conversion by holders of series AB and series AA shares, if BCE determines that there would be outstanding on a conversion date less than 2,500,000 series AB shares, such remaining number of series AB shares shall automatically be converted into an equal number of series AA shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,500,000 series AA shares then, no series AB shares shall be converted into series AA shares |
See Credit ratings |
First Preferred, Series AC/AD Top
- Download the short form prospectus (PDF 158 KB - Apr 13, 2010)
- Notice to holders of Series AC preferred shares (PDF 156 KB - Jan 11, 2018)
- Notice to holders of Series AD preferred shares (PDF 153 KB - Jan 11, 2018)
- Notice of dividend rate (PDF 518 KB - Feb 7, 2018)
- Press release - BCE reports results of Series AC and AD Preferred Shares conversions (February 19, 2018)
AC | AD | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
05534B786 10,029,691 |
05534B687 9,970,309 |
Annual dividend | 4.38% per annum | Floating |
Dividend payment dates | The 1st day of March, June, Sept. and Dec. | The 12th day of every month |
Dividend terms | Until March 1, 2023, series AC shareholders are entitled to receive quarterly cash dividends of 4.38% per annum computed in accordance with the terms and conditions attached to such shares | Until March 1, 2023, series AD shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.00 | $25.50 |
Redemption terms | BCE may redeem the series AC shares on March 1, 2023, and on March 1 every five years thereafter for $25.00 per share | BCE may redeem the series AD shares at any time for $25.50 per share |
Convertible into | First Preferred, Series AD | First Preferred, Series AC |
Conversion date | March 1, 2023 | March 1, 2023 |
Conversion terms | Holders of series AC shares will, subject to the automatic conversion provisions, have the right to convert, on March 1, 2023 and on March 1 every five years thereafter, their shares into an equal number of series AD shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AD shares will, subject to the automatic conversion provisions, have the right to convert, on March1, 2023 and on March 1 every five years thereafter, their shares into an equal number of series AC shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series AC and series AD shares, if BCE determines that there would be outstanding on a conversion date less than 2,500,000 series AC shares, such remaining number of series AC shares shall automatically be converted into an equal number of series AD shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,500,000 series AD shares, then no series AC shares shall be converted into series AD shares | Following the close of business on last day for tendering the shares for conversion by holders of series AD and series AC shares, if BCE determines that there would be outstanding on a conversion date less than 2,500,000 series AD shares, such remaining number of series AD shares shall automatically be converted into an equal number of series AC shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,500,000 series AC shares, then no series AD shares shall be converted into series AC shares |
See Credit ratings |
First Preferred, Series AE/AF Top
- Bell Canada preferred shares exchanged into BCE preferred shares (Jan 23, 2007)
- Download the short form prospectus (PDF 182 KB - Apr 13, 2010)
- Notice to holders of Series AE preferred shares (PDF 94 KB - Dec 18, 2014)
- Notice to holders of Series AF preferred shares (PDF 95 KB - Dec 18, 2014)
- Notice of dividend rate (PDF 276 KB - Jan 14, 2015)
- Press release - BCE reports results of Series AE and AF Preferred Share conversions (Jan 19, 2015)
AE | AF | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
05534B752 9,292,133 |
05534B745 6,707,867 |
Former symbol | BC.PR.A (formerly Bell Canada - Series 15) | BC.PR.D (formerly Bell Canada - Series 16) |
Annual dividend | Floating | 3.11% per annum |
Dividend payment dates | The 12th day of every month | The 1st day of Feb., May, August and Nov. |
Dividend terms | Until February 1, 2020, series AE shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares | Until February 1, 2020, series AF shareholders are entitled to receive quarterly cash dividends of 3.11% per annum computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.50 | $25.00 |
Redemption terms | BCE may redeem the series AE shares at any time for $25.50 per share | BCE may redeem the series AF shares on February 1, 2020, or on February 1 every five years thereafter for $25.00 per share |
Convertible into | First Preferred Shares, Series AF | First Preferred Shares, Series AE |
Conversion date | February 1, 2020 | February 1, 2020 |
Conversion terms | Holders of series AE shares will, subject to the automatic conversion provisions, have the right to convert, on February 1, 2020 and every five years thereafter, their shares into an equal number of series AF shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AF shares will, subject to the automatic conversion provisions, have the right to convert, on February 1, 2020 and on February 1 every five years thereafter, their shares into an equal number of series AE shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series AE and series AF shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series AE shares, such remaining number of series AE shares shall automatically be converted into an equal number of series AF shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series AF shares, then no series AE shares shall be converted into series AF shares | Following the close of business on last day for tendering the shares for conversion by holders of series AE and series AF shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series AF shares, such remaining number of series AF shares shall automatically be converted into an equal number of series AE shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series AE shares, then no series AF shares shall be converted into series AE shares |
See Credit ratings |
First Preferred, Series AG/AH Top
- Bell Canada preferred shares exchanged into BCE preferred shares (Jan 23, 2007)
- Download the short form prospectus (PDF 119 KB - Apr 13, 2010)
- Notice to holders of Series AG preferred shares (PDF 64 KB - Mar 17, 2016)
- Notice to holders of Series AH preferred shares (PDF 61 KB - Mar 17, 2016)
- Notice of dividends rate
- Press release - BCE reports results of Series AG and AH Preferred Share conversions (Apr. 21, 2016)
AG | AH | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
05534B737 4,985,351 |
05534B729 9,014,649 |
Former symbol | BC.PR.B (formerly Bell Canada - Series 17) | BC.PR.E (formerly Bell Canada - Series 18) |
Annual dividend | 2.80% per annum | Floating |
Dividend payment dates | The 1st day of Feb., May, August and Nov. | The 12th day of every month |
Dividend terms | Until May 1, 2021, series AG shareholders are entitled to receive quarterly cash dividends of 2.80% per annum computed in accordance with the terms and conditions attached to such shares | Until May 1, 2021, series AH shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.00 | $25.50 |
Redemption terms | BCE may redeem the series AG shares on May 1, 2021 or on May 1 in every fifth year thereafter for $25.00 per share | BCE may redeem the series AH shares at any time for $25.50 per share |
Convertible into | First Preferred Shares, Series AH | First Preferred Shares, Series AG |
Conversion date | May 1, 2021 | May 1, 2021 |
Conversion terms | Holders of series AG shares will, subject to the automatic conversion provisions, have the right to convert, on May 1, 2021 and on May 1 every five years thereafter, their shares into an equal number of series AH shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AH shares will, subject to the automatic conversion provisions, have the right to convert, on May 1, 2021 and on May 1 every five years thereafter, their shares into an equal number of series AG shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series AG and series AH shares, if BCE determines that there would be outstanding on a conversion date less than 2,000,000 series AG shares, such remaining number of series AG shares shall automatically be converted into an equal number of series AH shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,000,000 series AH shares, then no series AG shares shall be converted into series AH shares | Following the close of business on last day for tendering the shares for conversion by holders of series AH and series AG shares, if BCE determines that there would be outstanding on a conversion date less than 2,000,000 series AH shares, such remaining number of series AH shares shall automatically be converted into an equal number of series AG shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,000,000 series AG shares, then no series AH shares shall be converted into series AG shares |
See Credit ratings |
First Preferred, Series AI/AJ Top
- Bell Canada preferred shares exchanged into BCE preferred shares (Jan 23, 2007)
- Download the short form prospectus (PDF 95 KB - Apr 13, 2010)
- Notice to holders of Series AI preferred shares (June 20, 2016)
- Notice to holders of Series AJ preferred shares (June 20, 2016)
- Notice of dividend rate (PDF 36 KB - Jul 11, 2016)
- Press release - BCE reports results of Series AI and AJ Preferred Share conversions (July 22, 2016)
AI | AJ | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
05534B711 5,949,884 |
05534B653 8,050,116 |
Former symbol | BC.PR.C (formerly Bell Canada - Series 19) | N/A |
Annual dividend | 2.75% per annum | Floating |
Dividend payment dates | The 1st day of Feb., May, August and Nov. | The 12th day of every month |
Dividend terms | Until August 1, 2021, series AI shareholders are entitled to receive quarterly cash dividends of 2.75% per annum computed in accordance with the terms and conditions attached to such shares | Until August 1, 2021, series AJ shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.00 | $25.50 |
Redemption terms | BCE may redeem the series AI shares on August 1, 2021 or on August 1 every five years thereafter for $25.00 per share | BCE Inc. may redeem the series AJ shares at any time for $25.50 per share |
Convertible into | First Preferred Shares, Series AJ | First Preferred Shares, Series AI |
Conversion date | August 1, 2021 | August 1, 2021 |
Conversion terms | Holders of series AI shares will, subject to the automatic conversion provisions, have the right to convert, on August 1, 2021 and on August 1 every five years thereafter, their shares into an equal number of series AJ shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AJ shares will, subject to the automatic conversion provisions, have the right to convert, on August 1, 2021 and on August 1 every five years thereafter, their shares into an equal number of series AI shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Following the close of business on last day for tendering the shares for conversion by holders of series AI and series AJ shares, if BCE determines that there would be outstanding on a conversion date less than 2,000,000 series AI shares, such remaining number of series AI shares shall automatically be converted into an equal number of series AJ shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,000,000 series AJ shares, then no series AI shares shall be converted into series AJ shares | Following the close of business on last day for tendering the shares for conversion by holders of series AJ and series AI shares, if BCE determines that there would be outstanding on a conversion date less than 2,000,000 series AJ shares, such remaining number of series AJ shares shall automatically be converted into an equal number of series AI shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,000,000 series AI shares, then no series AJ shares shall be converted into series AI shares |
See Credit ratings |
First Preferred, Series AK/AL Top
- Download the short form prospectus (PDF 585 KB - Aug. 4, 2011)
- Notice to holders of Series AK preferred shares (PD F81 KB - December 1, 2016)
- Press release - BCE reports results of Series AK and AL Preferred Share conversion (Dec. 16, 2016)
AK | AL | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
05534B679 22,745,921 |
05534B661 2,254,079 |
Annual dividend | 2.954% per annum | Floating |
Dividend payment dates | The last day of March, June, Sept. and Dec. | The last day of March, June, Sept. and Dec. |
Dividend terms | Until December 30, 2021, Series AK shareholders are entitled to receive quarterly cash dividends of 2.954% per annum computed in accordance with the terms and conditions attached to such shares. | Until December 30, 2021, Series AL shareholders will be entitled to receive quarterly floating rate cumulative preferential cash dividends, computed in accordance with the terms and conditions attached to such shares. |
Redemption price | $25.00 | $25.00 on conversion date or $25.50 on any other date |
Redemption terms | BCE may redeem the series AK shares on December 31, 2021 and on December 31 every five years thereafter for $25.00 per share | BCE may redeem the series AL shares at any time for $25.50 per share |
Convertible into | First Preferred Shares, Series AL | First Preferred Shares, Series AK |
Conversion date | December 31, 2021 | December 31, 2021 |
Conversion terms | Holders of series AK shares will, subject to the automatic conversion provisions, have the right to convert, on December 31, 2021 and on December 31 every five years thereafter, their shares into an equal number of series AL shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AL shares will, subject to the automatic conversion provisions, have the right to convert, on December 31, 2021 and on December 31 every five years thereafter, their shares into an equal number of series AK shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | If the BCE determines that there would remain outstanding on a conversion date fewer than 1,000,000 series AK shares, after having taken into account all election notices, such remaining number of series AK shares shall automatically be converted into an equal number of series AL shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series AL shares, then no series AK shares shall be converted into series AL shares | If BCE determines that there would remain outstanding on a conversion date fewer than 1,000,000 series AL shares, after having taken into account all election notices, such remaining number of series AL shares shall automatically be converted into an equal number of series AK shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series AK shares, then no series AL shares shall be converted into series AK shares |
See Credit ratings |
First Preferred, Series AM/AN Top
- BCE Preferred Share Exchange Offer Circular (August 14, 2014)
- Notice to holders of Series AM (March 1, 2016)
- Press release - BCE reports results of Series AM and AN Preferred Share conversions (March 16, 2016)
- To consult any documents in reference to the exchange of Bell Aliant preferred shares into BCE preferred shares
AM | AN | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
BCE.PR.M (formerly BAF.PR.A) 05534B646 9,546,615 |
05534B638 1,953,385 |
Annual dividend | 2.764% | Floating |
Dividend payment dates | The last day of March, June, Sept. and Dec. | The last day of March, June, Sept. and Dec. |
Dividend terms | Until March 31, 2021, series AM shareholders are entitled to receive quarterly cash dividend of 2.764% per annum computed in accordance with the terms and conditions attached to such shares | Until March 31, 2021, series AN shareholders are entitled to receive quarterly floating cash dividends, computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.00 | $25.00 |
Redemption terms | BCE may redeem the series AM on March 31, 2021, and every five years thereafter at $25.00 per share | BCE may redeem the series AN on March 31, 2021, and every five years thereafter at $25.00 per share or $25.50 in the case of redemptions on any date which is not a Series AN conversion date after March 31, 2016 |
Convertible into | First Preferred, Series AN | First Preferred, Series AM |
Conversion date | March 31, 2021 | March 31, 2021 |
Conversion terms | Holders of series AM shares will, subject to the automatic conversion provisions, have the right to convert, on March 31, 2021 and on March 31 every five years thereafter, their shares into an equal number of series AN shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AN shares will, subject to the automatic conversion provisions, have the right to convert, on March 31, 2021 and on March 31 every five years thereafter, their shares into an equal number of series AM shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Holders of series AM shares will not be entitled to convert their shares into series AN shares if BCE determines that there would remain outstanding on a series AM conversion date fewer than 1,000,000 Series AN shares. Such remaining number of series AN shares shall automatically be converted into an equal number of series AM shares | Holders of series AN shares will not be entitled to convert their shares into series AM shares if BCE determines that there would remain outstanding on a series AN conversion date fewer than 1,000,000 Series AM shares. Such remaining number of series AM shares shall automatically be converted into an equal number of series AN shares |
See Credit ratings |
First Preferred, Series AO/AP Top
- BCE Preferred Share Exchange Offer Circular (August 14, 2014)
- Notice to holders of Series AO (March 1, 2017)
- Press release - BCE reports results of Series AO and AP Preferred Share conversions (March 16, 2017)
- To consult any documents in reference to the exchange of Bell Aliant preferred shares into BCE preferred shares
AO | AP | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
BCE.PR.O (formerly BAF.PR.C) 05534B620 4,600,000 |
N/A (not issued) |
Annual dividend | 4.260% | Floating |
Dividend payment dates | The last day of March, June, Sept. and Dec. | The last day of March, June, Sept. and Dec. |
Dividend terms | Until March 31, 2022, series AO shareholders are entitled to receive quarterly cash dividend of 4.260% per annum computed in accordance with the terms and conditions attached to such shares | Starting March 31, 2022, series AP shareholders will be entitled to receive quarterly floating cash dividends, computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.00 | $25.00 |
Redemption terms | BCE may redeem the series AO on March 31, 2022, and every five years thereafter at $25.00 per share | BCE may redeem the series AP on March 31, 2022, and every five years thereafter at $25.00 per share or $25.50 in the case of redemptions on any date which is not a Series AP conversion date after March 31, 2017 |
Convertible into | First Preferred, Series AP | First Preferred, Series AO |
Conversion date | March 31, 2022 | March 31, 2022 |
Conversion terms | Holders of series AO shares will, subject to the automatic conversion provisions, have the right to convert, on March 31, 2022 and on March 31 every five years thereafter, their shares into an equal number of series AP shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AP shares will, subject to the automatic conversion provisions, have the right to convert, on March 31, 2022 and on March 31 every five years thereafter, their shares into an equal number of series AO shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Holders of series AO shares will not be entitled to convert their shares into series AP shares if BCE determines that there would remain outstanding on a series AO conversion date fewer than 1,000,000 Series AP shares. Such remaining number of series AP shares shall automatically be converted into an equal number of series AO shares | Holders of series AP shares will not be entitled to convert their shares into series AO shares if BCE determines that there would remain outstanding on a series AP conversion date fewer than 1,000,000 Series AO shares. Such remaining number of series AO shares shall automatically be converted into an equal number of series AP shares |
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First Preferred, Series AQ/AR Top
- BCE Preferred Share Exchange Offer Circular (August 14, 2014)
- Notice to holders of Series AQ (September 4, 2018)
- Press release - BCE reports results of conversion of its series AQ preferred shares into series AR preferred shares (September 14, 2018)
- To consult any documents in reference to the exchange of Bell Aliant preferred shares into BCE preferred shares
AQ | AR | |
---|---|---|
Ticker symbol Cusip Shares outstanding |
BCE.PR.Q (formerly BAF.PR.E) 05534B596 9,200,000 |
N/A (not issued) |
Annual dividend | 4.812% | Floating |
Dividend payment dates | The last day of March, June, Sept. and Dec. | The last day of March, June, Sept. and Dec. |
Dividend terms | Until September 30, 2023, series AQ shareholders are entitled to receive quarterly cash dividend of 4.812% per annum computed in accordance with the terms and conditions attached to such shares | Starting September 30, 2023, series AR shareholders will be entitled to receive quarterly floating cash dividends, computed in accordance with the terms and conditions attached to such shares |
Redemption price | $25.00 | $25.00 |
Redemption terms | BCE may redeem the series AQ on September 30, 2023, and every five years thereafter at $25.00 per share | BCE may redeem the series AR on September 30, 2023, and every five years thereafter at $25.00 per share or $25.50 in the case of redemptions on any date which is not a Series AR conversion date after September 30, 2018 |
Convertible into | First Preferred, Series AR | First Preferred, Series AQ |
Conversion date | September 30, 2023 | September 30, 2023 |
Conversion terms | Holders of series AQ shares will, subject to the automatic conversion provisions, have the right to convert, on September 30, 2018 and on September 30 every five years thereafter, their shares into an equal number of series AR shares upon giving to BCE notice thereof as per the terms and conditions of the conversion | Holders of series AR shares will, subject to the automatic conversion provisions, have the right to convert, on September 30, 2023 and on September 30 every five years thereafter, their shares into an equal number of series AQ shares upon giving to BCE notice thereof as per the terms and conditions of the conversion |
Automatic conversion | Holders of series AQ shares will not be entitled to convert their shares into series AR shares if BCE determines that there would remain outstanding on a series AQ conversion date fewer than 1,000,000 Series AR shares. Such remaining number of series AQ shares shall automatically be converted into an equal number of series AR shares | Holders of series AR shares will not be entitled to convert their shares into series AQ shares if BCE determines that there would remain outstanding on a series AR conversion date fewer than 1,000,000 Series AQ shares. Such remaining number of series AQ shares shall automatically be converted into an equal number of series AR shares |
See Credit ratings |