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Preferred shares

BCE preferred shares are trading on the TSX only

First Preferred, Series Q/R  Top


Q R

Ticker symbol

Cusip

Shares outstanding

N/A

BCE.PR.R

05534B703

8,000,000

Annual dividendFloating4.490%
Dividend payment datesthe 12th day of every monthThe 1st day of March, June, Sept. and Dec.
Dividend termsStarting December 1, 2015, series Q shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such sharesUntil December 1, 2015, series R shareholders are entitled to receive quarterly cash dividends of 4.490% per annum computed in accordance with the terms and conditions attached to such shares
Redemption price$25.50$25.00
Redemption termsBCE may redeem the series Q shares at any time for $25.50 per shareBCE may redeem the series R shares on Dec. 1, 2015, and every five years thereafter for $25.00 per share
Convertible intoFirst Preferred, Series RFirst Preferred, Series Q
Conversion dateDecember 1, 2015December 1, 2015
Conversion termsHolders of series Q shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2015 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 conversionHolders of Series R shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2015 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 conversionFollowing 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 sharesFollowing 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


S T

Ticker symbol

Cusip

Outstanding shares

BCE.PR.S

05534B869

3,606,225

BCE.PR.T

05534B810

4,393,775

Annual dividendFloating3.393% per annum
Dividend payment datesThe 12th day of every monthThe 1st day of Feb., May, Aug. and Nov.
Dividend termsSeries S shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such sharesStarting November 1, 2011, 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 termsBCE may redeem the series S shares at any time for $25.50 per shareBCE may redeem the series T shares on November 1, 2016, and every five years thereafter for $25.00 per share
Convertible intoFirst Preferred, Series TFirst Preferred, Series S
Conversion dateNovember 1, 2016November 1, 2016
Conversion termsHolders of series S shares will, subject to the automatic conversion provisions, have the right to convert, on November 1, 2016 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 conversionHolders of series T shares will, subject to the automatic conversion provisions, have the right to convert, on November 1, 2016 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 conversionFollowing 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



Y Z

Ticker symbol

Cusip

Shares outstanding

BCE.PR.Y

05534B851

8,772,468

BCE.PR.Z

05534B828

1,227,532

Annual dividendFloating3.152% per annum
Dividend payment datesThe 12th day of every monthThe 1st day of March, June, Sept. and Dec.
Dividend termsUntil December 1, 2017, series Y shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such sharesUntil December 1, 2017, series Z shareholders are entitled to receive quarterly cash dividends of 3.152% per annum computed in accordance with the terms and conditions attached to such shares
Redemption price$25.50$25.00
Redemption termsBCE may redeem the series Y shares at any time for $25.50 per shareBCE may redeem the series Z shares on December 1, 2017, and every five years thereafter for $25.00 per share
Convertible intoFirst Preferred, Series ZFirst Preferred, Series Y
Conversion dateDecember 1, 2017December 1, 2017
Conversion termsHolders of series Y shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2017 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 conversionHolders of series Z shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2017 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 conversionFollowing 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 sharesFollowing 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

 


AA AB

Ticker symbol

Cusip

Shares outstanding

BCE.PR.A

05534B794

10,144,302

BCE.PR.B

05534B695

9,855,698

Annual dividend3.450% per annumFloating
Dividend payment datesThe 1st day of March, June, Sept. and Dec.The 12th day of every month
Dividend termsUntil September 1, 2017, series AA shareholders are entitled to receive quarterly cash dividends of 3.450% per annum computed in accordance with the terms and conditions attached to such sharesUntil September 1, 2017, 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 termsBCE may redeem the series AA shares on September 1, 2017, and on September 1 every five years thereafter for $25.00 per shareBCE may redeem the series AB shares at any time for $25.50 per share
Convertible intoFirst Preferred, Series ABFirst Preferred, Series AA
Conversion dateSeptember 1, 2017September 1, 2017
Conversion termsHolders of series AA shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2017 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 conversionHolders of series AB shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2017 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 conversionFollowing 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 sharesFollowing 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


AC AD

Ticker symbol

Cusip

Shares outstanding

BCE.PR.C

05534B786

5,069,935

BCE.PR.D

05534B687

14,930,065

Annual dividend3.550% per annum Floating
Dividend payment datesThe 1st day of March, June, Sept. and Dec.The 12th day of every month
Dividend termsUntil March 1, 2018, series AC shareholders are entitled to receive quarterly cash dividends of 3.550% per annum computed in accordance with the terms and conditions attached to such sharesUntil March 1, 2018, 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 termsBCE may redeem the series AC shares on March 1, 2018, and on March 1 every five years thereafter for $25.00 per shareBCE may redeem the series AD shares at any time for $25.50 per share
Convertible intoFirst Preferred, Series ADFirst Preferred, Series AC
Conversion dateMarch 1, 2018March 1, 2018
Conversion termsHolders of series AC shares will, subject to the automatic conversion provisions, have the right to convert, on March 1, 2018 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 conversionHolders of series AD shares will, subject to the automatic conversion provisions, have the right to convert, on March1, 2018 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 conversionFollowing 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 sharesFollowing 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


AE AF

Ticker symbol

Cusip

Shares outstanding

BCE.PR.E

05534B752

1,422,900

BCE.PR.F

05534B745

14,577,100

Former symbol
BC.PR.ABC.PR.D
Annual dividendFloating4.541% per annum
Dividend payment datesThe 12th day of every monthThe 1st day of Feb., May, August and Nov.
Dividend termsUntil February 1, 2015, series AE shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such sharesUntil February 1, 2015, series AF shareholders are entitled to receive quarterly cash dividends of 4.541% per annum computed in accordance with the terms and conditions attached to such shares
Redemption price$25.50$25.00
Redemption termsBCE may redeem the series AE shares at any time for $25.50 per shareBCE may redeem the series AF shares on February 1, 2015, or on February 1 every five years thereafter for $25.00 per share
Convertible intoFirst Preferred Shares, Series AFFirst Preferred Shares, Series AE
Conversion dateFebruary 1, 2015February 1, 2015
Conversion termsHolders of series AE shares will, subject to the automatic conversion provisions, have the right to convert, on February 1, 2015 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 conversionHolders of series AF shares will, subject to the automatic conversion provisions, have the right to convert, on February 1, 2015 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 conversionFollowing 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 sharesFollowing 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


AG AH

Ticker symbol

Cusip

Shares outstanding

BCE.PR.G

05534B737

10,841,056

BCE.PR.H

05534B729

3,158,944

Former symbol
BC.PR.BBC.PR.E
Annual dividend4.500% per annumFloating
Dividend payment datesThe 1st day of Feb., May, August and Nov.The 12th day of every month
Dividend termsUntil May 1, 2016, series AG shareholders are entitled to receive quarterly cash dividends of 4.500% per annum computed in accordance with the terms and conditions attached to such sharesUntil May 1, 2016, 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 termsBCE may redeem the series AG shares on May 1, 2016 or on May 1 in every fifth year thereafter for $25.00 per shareBCE may redeem the series AH shares at any time for $25.50 per share
Convertible intoFirst Preferred Shares, Series AHFirst Preferred Shares, Series AG
Conversion dateMay 1, 2016May 1, 2016
Conversion termsHolders of series AG shares will, subject to the automatic conversion provisions, have the right to convert, on May 1, 2016 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 conversionHolders of series AH shares will, subject to the automatic conversion provisions, have the right to convert, on May 1, 2016 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 conversionFollowing 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 sharesFollowing 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


AI AJ

Ticker symbol

Cusip

Shares outstanding

BCE.PR.I

05534B711

10,754,990

BCE.PR.J

05534B653

3,245,010

Former symbol

BC.PR.CN/A
Annual dividend4.150% per annumFloating
Dividend payment datesThe 1st day of Feb., May, August and Nov.The 12th day of every month
Dividend termsUntil August 1, 2016, series AI shareholders are entitled to receive quarterly cash dividends of 4.150% per annum computed in accordance with the terms and conditions attached to such sharesUntil August 1, 2016, 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 termsBCE may redeem the series AI shares on August 1, 2016 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 intoFirst Preferred Shares, Series AJFirst Preferred Shares, Series AI
Conversion dateAugust 1, 2016August 1, 2016
Conversion termsHolders of series AI shares will, subject to the automatic conversion provisions, have the right to convert, on August 1, 2016 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 conversionHolders of series AJ shares will, subject to the automatic conversion provisions, have the right to convert, on August 1, 2016 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 conversionFollowing 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 sharesFollowing 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


AK AL

Ticker symbol

Cusip

Shares outstanding

BCE.PR.K

05534B679

25,000,000

N/A (not issued)
Annual dividend4.150% per annumFloating
Dividend payment datesThe last day of March, June, Sept. and Dec.The last day of March, June, Sept. and Dec.
Dividend termsUntil December 30, 2016, Series AK shareholders are entitled to receive quarterly cash dividends of 4.15% per annum computed in accordance with the terms and conditions attached to such shares.Starting 30th day of March 2017, 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 termsBCE may redeem the series AK shares on December 31, 2016 or on December 31 every five years thereafter for $25.00 per shareBCE may redeem the series AL shares at any time starting December 31, 2016 for $25.50 per share
Convertible intoFirst Preferred Shares, Series ALFirst Preferred Shares, Series AK
Conversion dateDecember 31, 2016December 31, 2021
Conversion termsHolders of series AK shares will, subject to the automatic conversion provisions, have the right to convert, on December 31, 2016 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 conversionHolders 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 conversionIf 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 sharesIf 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
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