Better Communication, Please!

BCE.PR.T To Reset To 5.523%; Interconvertible with BCE.PR.S

BCE has announced:

The above image, you will observe, is a photo of the announcement in the Globe today – links are hard to come by for ‘Business Classified’ ads. The reset information is not yet on their website, a reprise of the BCE.PR.I fiasco. It’s very disappointing.

According to prefinfo.com, dividend resets for this issue over the past fifteen years have been:

  • 2011-11-01 dividend change: 1.1255->0.8482
  • 2016-11-01 dividend change: 0.8482->0.7548
  • 2021-11-01 dividend change: 0.7548->1.2475

Thanks to Assiduous Reader TopGear81 for bringing this to my attention!

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