BCE Inc Stock Price, News & Analysis

BCE Inc. (TSX: BCE) (NYSE: BCE) is set to announce its Q1 2023 financial results during a conference call on May 4, 2023, at 8:00 AM Eastern. President and CEO Mirko Bibic and CFO Glen LeBlanc will participate, with media invited to listen only. Interested participants can dial toll-free at 1-800-806-5484 or 416-340-2217, using passcode 1142910#. A replay will be available until June 1, 2023. The live audio webcast can be accessed via BCE's website. BCE is recognized as Canada’s largest communications company, offering a range of services including broadband and media.

BCE Inc. filed its 2022 annual report on Form 40-F with the U.S. SEC on March 3, 2023. The report includes audited financial statements for the fiscal year ending December 31, 2022. Investors can access the full report on BCE's website or the SEC's site. Additionally, BCE offers printed copies of the financial statements free of charge to security holders. BCE is Canada’s largest communications company, providing a variety of services including broadband wireless, TV, and internet. For further information, contact BCE Investor Relations.

BCE Inc. (TSX: BCE) announced the conversion results of its preferred shares effective March 1, 2023. A total of 3,635,351 of its Series AC Preferred Shares will convert to Series AD Preferred Shares, while 351,634 Series AD shares will revert back to Series AC. Post-conversion, BCE will have 6,716,274 Series AC and 13,148,226 Series AD shares outstanding. The Series AC shares will pay a fixed cash dividend of 5.08% quarterly, while Series AD shares will maintain a floating dividend linked to the prime rate. Both share classes will remain listed on the Toronto Stock Exchange.

Bell Canada announced a public offering in Canada for Cdn $1.5 billion in MTN Debentures under its medium-term notes program. This includes Cdn $1.05 billion in Series M-58, maturing in 2030, at a yield of 4.586%, and Cdn $450 million in Series M-59, maturing in 2053, at a yield of 5.183%. The proceeds will be used for short-term debt repayment and general corporate purposes. The debentures are set to close on February 9, 2023, and are fully guaranteed by BCE. They will not be registered in the U.S.

BCE has announced a 5.2% annual dividend increase, raising the dividend to $3.87 per share. This decision reflects the company's commitment to providing value to shareholders and indicates a robust financial position despite challenging market conditions. BCE's continuous growth strategy and operational efficiency are pivotal in supporting this increase.

BCE Inc. (TSX: BCE) (NYSE: BCE) will announce its fourth-quarter 2022 results and 2023 guidance on February 2, 2023, at 7:00 am Eastern Time. The call will feature CEO Mirko Bibic and CFO Glen LeBlanc, with media invited to listen only. Interested participants can dial 1-800-806-5484 or 416-340-2217, entering passcode 1475438#. A replay is available until March 2, 2023. A live audio webcast will be accessible via BCE's website.

BCE is Canada's largest communications company, offering comprehensive broadband, Internet, and media services.

Crave, a subsidiary of Bell Media, has secured a long-term Pay-One licensing agreement with Sony Pictures Entertainment, positioning itself as the exclusive Canadian streaming home for new SPE films after their theatrical release. Starting April 2023, subscribers will have access to a variety of films, including Spider-Man and Jumanji franchises, alongside new releases from other major series. This deal enhances Crave's content library and strengthens its competitive edge in the Canadian streaming market.

BCE Inc. (TSX: BCE) has announced the results of conversions for its fixed-rate Cumulative Redeemable First Preferred Shares, Series Z, and floating-rate Cumulative Redeemable First Preferred Shares, Series Y. On December 1, 2022, 137,274 Series Z shares will convert to Series Y shares, and 1,196,313 Series Y shares will convert back to Series Z shares. Post-conversion, there will be 2,977,548 Series Z and 7,020,252 Series Y shares outstanding. The Series Z shares will continue to offer a fixed dividend of 5.346%, while the Series Y will feature an adjustable floating dividend.