BCE Announces Preferred Share Conversion Results and New Dividend Terms
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
BCE ( (TSE:BCE) ) has provided an update.
BCE Inc. reported on April 21, 2026 the results of shareholder elections to convert between its fixed-rate Series AG and floating-rate Series AH preferred shares, effective May 1, 2026. After these conversions, the company will have 9,375,684 Series AG shares and 2,832,114 Series AH shares outstanding, both continuing to trade on the Toronto Stock Exchange.
For the five-year period starting May 1, 2026, Series AG preferred shares will pay a fixed quarterly dividend at an annual rate of 5.30%, while Series AH will maintain a monthly floating dividend tied to the prime rate and an adjustment factor linked to market pricing. The announcement clarifies BCE’s future preferred share capital structure and dividend terms, providing income-oriented investors with transparent options between fixed and floating yield exposure.
The most recent analyst rating on (TSE:BCE) stock is a Buy with a C$44.00 price target. To see the full list of analyst forecasts on BCE stock, see the TSE:BCE Stock Forecast page.
Spark’s Take on BCE Stock
According to Spark, TipRanks’ AI Analyst, BCE is a Neutral.
The score is driven primarily by a stable-but-levered financial profile (steady cash generation but high debt and recent earnings/FCF volatility). Valuation is a major positive (very low P/E and high yield), while technicals are modestly supportive. Earnings-call guidance is constructive on revenue/EBITDA/FCF, but tempered by expected EPS decline and competitive/media headwinds.
To see Spark’s full report on BCE stock, click here.
More about BCE
BCE Inc. is Canada’s largest communications company, providing advanced fibre and wireless networks, enterprise services and digital media to consumers and businesses. The company focuses on next-generation, cloud-based and AI-driven connectivity solutions that keep customers connected, informed and entertained while supporting corporate clients’ competitiveness globally.
Average Trading Volume: 3,825,443
Technical Sentiment Signal: Sell
Current Market Cap: C$30.51B
See more data about BCE stock on TipRanks’ Stock Analysis page.
