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  5. BCE: For long term hold and safety of dividend Bce or Telus, and why Thank you [BCE Inc.]
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Q: For long term hold and safety of dividend
Bce or Telus, and why
Thank you
Asked by Michael on November 19, 2024
5i Research Answer:

We would lean to Telus today. While BCE has a more diversified business, it seems to have lost its way a bit, with selling assets to pay down debt and then making a big acquisition. BCE has also specifically stated the dividend will not be growing in the short term, whereas Telus just increased its dividend 10 days ago.