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Dividends

Note Dividends paid by BCE to Canadian residents are eligible dividends for Canadian income tax purposes.

Schedule of dividend payments Below is a schedule of payment dates for 2025. It is important to note that this is subject to dividends being declared by the Board of Directors. When a dividend payment date falls on a date that is not a business day, the payment is made on the following business day.

Declaration Record Payment Dividend number Amount of dividend
November 6, 2024 December 31, 2024 (Tuesday) January 12, 2025 (Sunday) 208 $0.11723
November 6, 2024 January 31, 2025 (Friday) February 12, 2025 (Wednesday) 209 $0.11321
February 5, 2025 February 28, 2025 (Friday) March 12, 2025 (Wednesday) 210 Floating
February 5, 2025 March 31, 2025 (Monday) April 12, 2025 (Saturday) 211 Floating
February 5, 2025 April 30, 2025 (Wednesday) May 12, 2025 (Monday) 212 Floating
May 7, 2025 May 30, 2025 (Friday) June 12, 2025 (Thursday) 213 Floating
May 7, 2025 June 30, 2025 (Monday) July 12, 2025 (Saturday) 214 Floating
May 7, 2025 July 31, 2025 (Thursday) August 12, 2025 (Tuesday) 215 Floating
August 6, 2025 August 29, 2025 (Friday) September 12, 2025 (Friday) 216 Floating
August 6, 2025 September 29, 2025 (Monday) October 12, 2025 (Sunday) 217 Floating
August 6, 2025 October 31, 2025 (Friday) November 12, 2025 (Wednesday) 218 Floating
November 5, 2025 November 28, 2025 (Friday) December 12, 2025 (Friday) 219 Floating
November 5, 2025 December 31, 2025 (Wednesday) January 12, 2026 (Monday) 220 Floating
November 5, 2025 January 30, 2026 (Friday) February 12, 2026 (Thursday) 221 Floating
AA A B

Ticker symbol

Cusip

Shares outstanding

BCE.PR.A

05534B794

11,171,231 (As at December 31, 2024)

BCE.PR.B

05534B695

6,399,439 (As at December 31, 2024)

Annual dividend 4.94% 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, 2027, series AA shareholders are entitled to receive quarterly cash dividends of 4.94% per annum computed in accordance with the terms and conditions attached to such shares Until September 1, 2027, series A B 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, 2027, and on September 1 every five years thereafter for $25.00 per share BCE may redeem the series A B shares at any time for $25.50 per share
Convertible into First Preferred, Series A B First Preferred, Series AA
Conversion date September 1, 2027 September 1, 2027
Conversion terms Holders of series AA shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2027 and on September 1 every five years thereafter, their shares into an equal number of series A B shares upon giving to BCE notice thereof as per the terms and conditions of the conversion Holders of series A B shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2027 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 A B 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 A B shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 2,500,000 series A B shares, then no series AA shares shall be converted into series A B shares Following the close of business on last day for tendering the shares for conversion by holders of series A B and series AA shares, if BCE determines that there would be outstanding on a conversion date less than 2,500,000 series A B shares, such remaining number of series A B 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 A B shares shall be converted into series AA shares