Invest in BCE

We are Canada’s largest communications company, offering a wide range of telecommunications products and services to approximately 22 million subscribers. We are the market leader in Internet and TV, the largest local exchange carrier and one of the largest wireless operators in Canada.

Our significant service footprint and scale, due to our large customer base, our wireline and wireless network reach, and our ability to sell through a variety of distribution channels give us a key competitive advantage. With a wireless network service footprint that encompasses approximately 99% of the Canadian population and a wireline incumbent local exchange carrier footprint that extends to approximately three-quarters of Canadian households, BCE is best positioned to take advantage of integrated wireless and wireline solutions in the future.

We seek to deliver sustainable shareholder returns through consistent dividend growth. In line with our dividend growth model, we announced on February 2, a 5.2% increase, a 15th consecutive increase of 5% or higher of our annual common share dividend since the fourth quarter of 2008, now at $3.87 per share, highlighting BCE’s sound financial position.

We seek to achieve dividend growth while maintaining our dividend payout ratio within the target policy range of 65% to 75% of free cash flow. We believe this policy will allow us to grow our common dividends for our shareholders, while allowing us to continue investing appropriately in the future of the business and maintaining an appropriate level of balance sheet liquidity.

BCE is one of the most widely held stocks in Canada, with listings on the TSX and NYSE, and offers one of the highest dividend yields.

 

 

BCE’s balance sheet is underpinned by a healthy liquidity position and an investment-grade credit profile, providing the company with a solid financial foundation and a high level of overall financial flexibility.

We continue to monitor the capital markets for opportunities where we can further reduce our cost of debt and optimize our cost of capital.

We have an experienced, highly regarded and dedicated management team averaging more than 20 years' experience with a track record of success. Our best-in-class leadership team has re-energized our wireline business and shifted our focus to growth services, which has allowed Bell to generate consistently strong wireless operating and financial results.

Bell maintained its #1 ranking among Canadian communications companies on Brand Finance’s list of the Top 100 Canadian brands for 2018.

Valued at $13.5 billion, up 6% in the last year, Bell is the only non-bank in the top 5, placing third overall, behind only the Royal Bank of Canada and TD.

Bell also earned a AAA- brand rating from Brand Finance based on brand strength, risk and potential relative to competitors. A brand’s value reflects a company’s reputation and the loyalty it commands among customers, employees and investors, as well as future revenues attributable to the brand’s strength.

We believe that our financial performance is partly linked to environmental and social responsibility - that by attempting to reconcile economic, environmental and social objectives, we minimize risks, and in many instances realize significant gains.