Q: I’m thinking of a trade with BCE stock. My thinking is even if management cuts the dividend by half I will be making 6% with the likelihood the stock price will go up what do you think of this trade. Also what do you think of the new asset Ziply and my understanding BCE is using funds from the sale of the sports teams to Roger’s so how bad is there balance sheet really?
5i Research Answer:
Please also reference this answer from today. Pre-recent transactions, BCE had $38B in debt...