2 Top Dividend Stocks to Hold in 2016 | The Motley Fool Canada: "BCE
BCE has been a favourite among conservative dividend investors for decades, and there is no reason for that to change.
In fact, the company continues to fortify its dominant position in the Canadian market.
In the past few years BCE has made strategic investments in both retail and the media space. The move away from the core telecom operations initially had some analysts concerned, but management appears to be on the right track.
BCE now owns a television network, radio stations, specialty channels, sports franchises, phone and digital device retail stores, and an advertising business.
The company is also investing in its state-of-the-art mobile and landline infrastructure.
All combined, the portfolio ensures the company is getting a piece of the spending pie all along the value chain.
BCE is a cash machine and it dishes out a generous helping of profits to shareholders. The quarterly dividend of $0.65 per share yields 4.5%."
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