Q: Hello,
The current BCE dividend appears to be propping up the stock price.
Could you comment on the BCE payout ratio and how this recent acquisition changes that? Also book value?
How long can they could continue to pay the current dividend until the writing is on the wall and they have to cut?
Is this an emerging AQN? Purchase an overpriced second rate asset in the US to distract the buying pool from the actual deteriorating business situation.
This is a lot of stuff - however I am now taking a much more critical look at my other stocks.
Take as many points a needed.
Thank you
The current BCE dividend appears to be propping up the stock price.
Could you comment on the BCE payout ratio and how this recent acquisition changes that? Also book value?
How long can they could continue to pay the current dividend until the writing is on the wall and they have to cut?
Is this an emerging AQN? Purchase an overpriced second rate asset in the US to distract the buying pool from the actual deteriorating business situation.
This is a lot of stuff - however I am now taking a much more critical look at my other stocks.
Take as many points a needed.
Thank you
5i Research Answer:
We think investors are better off looking at the payout ratio in terms of dividends/free cash...