Cash Dividend On The Way From BCE Cumulative Redeemable First Preferred Shares, Series AA

On 7/30/14, BCE Inc.'s Cumulative Redeemable First Preferred Shares, Series AA (Toronto: BCE-PRA) will trade ex-dividend, for its quarterly dividend of $0.2156, payable on 9/1/14. As a percentage of BCE.PRA's recent share price of $21.22, this dividend works out to approximately 1.02%, so look for shares of BCE.PRA to trade 1.02% lower — all else being equal — when BCE.PRA shares open for trading on 7/30/14. On an annualized basis, the current yield is approximately 4.06%.