BCE's Series T Preferred Shares Yield Pushes Past 6%

In trading on Tuesday, shares of BCE Inc's Series T Preferred Shares (Toronto: BCE-PRT) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.8483), with shares changing hands as low as $14.10 on the day. As of last close, BCE.PRT was trading at a 43.00% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.