On 9/27/13, BCE Inc.'s Series AF Preferred Shares (Toronto: BCE-PRF) will trade ex-dividend, for its quarterly dividend of $0.2838, payable on 11/1/13. As a percentage of BCE.PRF's recent share price of $22.40, this dividend works out to approximately 1.27%, so look for shares of BCE.PRF to trade 1.27% lower -- all else being equal -- when BCE.PRF shares open for trading on 9/27/13. On an annualized basis, the current yield is approximately 5.02%.
On 9/27/13, BCE Inc.'s Series AF Preferred Shares (Toronto: BCE-PRF) will trade ex-dividend, for its quarterly dividend of $0.2838, payable on 11/1/13. As a percentage of BCE.PRF's recent share price of $22.40, this dividend works out to approximately 1.27%, so look for shares of BCE.PRF to trade 1.27% lower -- all else being equal -- when BCE.PRF shares open for trading on 9/27/13. On an annualized basis, the current yield is approximately 5.02%.
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