Q: Hi there yesterday you were answering about buying BCE after a rate cut. You said many are “expecting” it. Are you?
You said awhile back you were not expecting it but has your stance changed?
Might be better to do a Sell for losses now in an unregistered account then wait and buy back after the cut? I’m a long time holder and believer but getting nervous!
Ok thanks
You said awhile back you were not expecting it but has your stance changed?
Might be better to do a Sell for losses now in an unregistered account then wait and buy back after the cut? I’m a long time holder and believer but getting nervous!
Ok thanks
5i Research Answer:
We think if BCE had the intention to cut it would have already. But no dividend is guaranteed. With its very high yield, it is clear that many investors do not trust the dividend. We would not call it 'safe' in the sense of the word, but do not expect a cut in the short/medium term.