BCE Inc Stock Price, News & Analysis

BCE reported strong quarterly results, showcasing a revenue increase of 5% year-over-year to $5.65 billion. The company highlighted robust growth in its wireless segment, with a notable 7% rise in subscriber additions. Moreover, BCE announced a dividend increase of 3%, reflecting its commitment to returning value to shareholders. Analysts have responded positively, citing BCE's strategic investments and expansion in the fiber-optic network as key drivers for future growth.

BCE Inc. will hold its first-quarter 2022 results conference call on May 5, 2022, at 8:00 am Eastern Time. Mirko Bibic, the President and CEO, and Glen LeBlanc, CFO, will lead the discussion. Media can participate on a listen-only basis. Interested participants can call 1-800-806-5484 or 416-340-2217 with passcode 6696161#. A replay will be available until June 5, 2022. The call will also be accessible via live audio webcast on BCE's website.

BCE is Canada's largest communications company, offering a range of media and telecommunications services.

BCE has filed its 2021 annual report on Form 40-F with the U.S. SEC, detailing audited financial statements for the year ended December 31, 2021. The report is accessible on BCE's website and the SEC's site. Holders of BCE securities can request printed copies of the financial statements at no cost. BCE is Canada’s largest communications company, offering a variety of services including broadband, TV, and media.

BCE Inc. announced the redemption of all outstanding Cumulative Redeemable First Preferred Shares, Series AO, effective March 31, 2022, at a price of $25.00 per share. The final quarterly dividend of $0.26625 per share will also be paid to shareholders of record by February 28, 2022. Following the redemption date, these shares will no longer accrue dividends, with holders entitled only to the redemption payment. Beneficial holders should contact their financial intermediaries regarding the redemption process.

Bell Canada announced plans to redeem all outstanding Cdn $1,000 million principal amount of its 3.35% Series M-26 Debentures on March 16, 2022. The redemption price will be Cdn $1,017.396 per Cdn $1,000 of principal, plus Cdn $16.062 for accrued interest. This move precedes the original maturity date of March 22, 2023, indicating the company's strategic management of its debt obligations. As Canada's largest communications company, Bell continues to deliver advanced services across the nation, reinforcing its position in the market.

Bell Canada has announced a public offering of US $750 million in aggregate principal amount of 3.650% Series US-7 Notes. The notes will mature on August 15, 2052, with an issue price of US $99.144 per $100 principal amount, yielding 3.697% to maturity. Proceeds will be used to redeem C$1 billion of 3.350% MTN Debentures due 2023. The offering, set to close on February 11, 2022, is not available in Canada. Bell emphasizes that forward-looking statements are subject to risks and uncertainties.

BCE reported its Q3 earnings showing a 5% increase in revenue to $6 billion, driven by strong performance across its wireless and wireline segments. The company also saw a 12% growth in net income, reaching $900 million, bolstered by cost-control measures. BCE announced a dividend of $0.92 per share, reflecting its commitment to returning value to shareholders. However, the company faces challenges due to increased competition in the telecom sector.

BCE Inc. (TSX: BCE) will announce its fourth-quarter 2021 results and 2022 guidance on February 3, 2022, at 8:00 am Eastern Time. The conference call, featuring President and CEO Mirko Bibic and CFO Glen LeBlanc, is open to media on a listen-only basis. Participants can join by dialing 1-800-806-5484 or 416-340-2217 with passcode 7641843#. A replay will be available until March 6. The event will also be streamed live on BCE's website.

BCE Inc. announced the conversion results of its preferred shares on December 31, 2021. A total of 501,717 Series AK Preferred Shares were converted to Series AL, while 956,408 Series AL shares converted back to Series AK. Post-conversion, BCE will have 23,190,312 Series AK and 1,799,388 Series AL Preferred Shares outstanding. The Series AK shares will offer a fixed cash dividend of 3.306% annually for five years, while the Series AL shares will pay a floating cash dividend of 0.49537% for the upcoming quarter, derived from T-Bill rates.