Shares and dividends

AQ AR

Ticker symbol

Cusip

Shares outstanding

BCE.PR.Q (formerly BAF.PR.E)

05534B596

8,102,214 (As at December 31, 2024)

(not issued)

Annual dividend 6.538% 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, 2028, series AQ shareholders are entitled to receive quarterly cash dividend of 6.538% per annum computed in accordance with the terms and conditions attached to such shares Starting September 30, 2028, 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, 2028, and every five years thereafter at $25.00 per share BCE may redeem the series AR on September 30, 2028, 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, 2028 September 30, 2028
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, 2028 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