BCE Incorporated is not only one of the highest paying dividend stocks, but we believe it is also one of the best dividend paying stocks. We will explain why in this report.
BCE Incorporated (BCE) is a communications company that provides wireless, high-speed internet, internet-protocol television (IPTV) and satellite TV, business internet protocol (IP) broadband, and information and communications technology (ICT) services to residential, business, and wholesale customers.
The company has three segments. They are Bell Wireless, Bell Wireline, and Bell Media. The company’s Bell Media segment offers specialty and pay television, radio, digital media, and out-of-home advertising.
BCE Incorporated is headquartered in Montreal, Canada. And it is Canada’s largest communications company. Its subsidiaries include Bell Aliant, Northwestel, Telebec, and Northern Tel.
Growth prospects for BCE are only average, but BCE is exceptional in how steadily it has achieved (and we believe will achieve) this growth. BCE exhibits some of the highest sales stability of any company we follow. Cash flows and free cash flows are consistently positive, and BCE has increased its dividend every year for at least seven years.
Furthermore, BCE is modestly priced. In terms of profits, cash flows, and free cash flows, BCE is selling at below average multiples. BCE uses a great deal of debt, but this debt is not excessive given the industry that it is in and the function that it serves.
Those investors who want not only generous dividends, but safe and growing dividends do not have to look much farther than BCE. BCE does not earn our highest rating for its fundamentals. But it definitely earns an above average rating. We consider it not only one of the highest paying dividend stocks, but one of the best monthly dividend stocks we cover.
Stat Sheet – BCE Incorporated 4/15/16
|Market Cap||$ 39,499|
|Price Volatility||Below Average|
(Our assessment of this firm’s fundamentals will be in effect for the rest of calendar year 2016)
Even Warren Buffet puts more than one stock in a portfolio. No one can forecast with perfection a single stock. No matter how much promise a stock has, it can disappoint; and BCE may disappoint. But we feel strongly that if you fill a portfolio with BCE and stocks similar to it in terms of their fundamentals, that portfolio will beat the market on a risk-adjusted return basis.
If you would like to see more stocks we would consider our best monthly dividend paying stocks (as well as stocks that have other characteristics we feel are admirable) click the link below.
If you would like to see why we have a penchant for the best monthly dividend stocks, click the link below.
Disclaimer – Information contained herein has been obtained from sources believed to be reliable. Neither the author nor the publisher guarantees the accuracy or completeness of the information and methods described. This information is offered as general commentary only. It is not intended as investment advice. Investment and trading of securities involves risk, including of loss of capital. Market conditions change over time, and no assurance can be given that a reader may apply the principles described to make a profit. The author and publisher expressly disclaim all and any liability to any person for any investment or trading decisions that the reader may make in reliance on this information.