Q: For long term hold and safety of dividend
Bce or Telus, and why
Thank you
Bce or Telus, and why
Thank you
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.