|Bid||0.00 x 2200|
|Ask||48.36 x 1800|
|Day's Range||48.25 - 48.71|
|52 Week Range||38.85 - 49.58|
|Beta (3Y Monthly)||0.41|
|PE Ratio (TTM)||21.09|
|Forward Dividend & Yield||2.41 (4.94%)|
|1y Target Est||47.54|
Stocks like Canadian Western Bank (TSX:CWB) offer up stability to TFSA investors, which may be crucial in a pricey market.
Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and BCE (TSX:BCE)(NYSE:BCE) are two of Canada's top dividend stocks. Is one a better bet right now?
BCE (TSX:BCE)(NYSE:BCE), Rogers Communications (TSX:RCI)(NYSE:RCI), and Telus (TSX:T)(NYSE:TU) may need to replace expensive Huawei electronics equipment.
BCE Inc (TSX:BCE) is a great business. The company produces significant free cash flow and the stock pays a huge dividend. Is the stock undervalued?
Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) is a growthier telecom with a comparable yield at a far better valuation than its peers.
Canada's major telecom companies are planning to intensify lobbying against the new minority Liberal government as it moves to fulfill election pledges to cut cellphone costs by 25% with some executives warning government action could hamper expensive network rollouts. Canada's three telecommunications providers, BCE Inc's Bell unit, Rogers Communications Inc and Telus Corp, control around 90% of the market and Prime Minister Justin Trudeau said during the campaign he could force providers to take action. The industry is particularly unhappy about the Liberals' pledge to allow more access for Mobile Virtual Network Operators (MVNO) - which lease wireless capacity at wholesale prices and resell it at reduced retail prices - saying they do not help build the expensive infrastructure needed to ensure service.
Don’t beat around the bush. Grab the opportunity to receive lifetime financial support from BCE stock, Enbridge stock, and Toronto-Dominion Bank stock.
TORONTO — Canada's largest telecommunications companies formally asked the federal cabinet on Wednesday to overturn a regulatory decision that slashes what they can charge their smaller competitors for access to their high-speed fibre networks.BCE Inc.'s Bell Canada and a group of other carriers want the government to restore interim wholesale rates and order a further review by the Canadian Radio-television and Telecommunications Commission.They also want the government to overrule the CRTC's decision to make the new, lower wholesale rates retroactive to 2016 — a decision that would force them to repay hundreds of millions of dollars collected from wholesale customers.Those wholesale customers — labelled "resellers" by their detractors and "independent" service providers by their supporters — include TekSavvy, Distributel and VMedia, among others.The mid-sized and small internet service providers — which collectively serve about one million Canadian households —argue the lower wholesale rates are fair and will help reduce what retail customers pay for their internet.After years of review, the CRTC set final wholesale rates in August that are up to 43 per cent lower than the interim rates for monthly capacity, and up to 77 per cent lower for access rates.The big carriers countered that the CRTC's process was flawed and its wholesale rate decision will undermine confidence required to risk billions of dollars to build high-quality networks.Bell, which has already threatened to reduce its spending on expanded rural coverage because of the CRTC's decision, says in its petition that the rate reductions raises investor concerns to a new level at a critical time for the industry."In summary, carriers, industry commentators and the investment community agree that the (Aug. 15) order threatens much-needed investments in broadband infrastructure, with negative consequences for rural and more remote communities, for the timely and widespread deployment of 5G infrastructure, and for the transformation to a greener economy."A separate but similar petition filed later Wednesday by Rogers, Shaw, Videotron, Cogeco and the owner of Eastlink states, "The promotion of access to high-speed broadband services by all Canadians, the future of Canada’s wireline network infrastructure, and Canada’s place at the leading edge of the digital economy depend on achieving a more appropriate and effective regulatory regime that takes into account the need to foster all forms of competition as well as the importance of incentivizing investment."The big carriers' latest tactic — an approach to the prime minister and his cabinet through a petition to the "governor in council" — follows a hard-fought election that reduced the Liberals to a minority government.Although the Liberals campaigned on their record of working towards more affordable prices for telecommunications services — including wireless as well as internet — Trudeau's new cabinet will have to get support from at least one of the opposition parties to push through its future agenda. The Prime Minister's Office was not immediately available for comment Wednesday on the petitions.A spokesman for a group representing independent ISPs said in a statement that the large telecom companies are attempting "to slow the progress the CRTC has made for Canadians in terms of choice and lower prices."Matt Stein, who is chairman of the Canadian Network Operators Consortium and CEO of Distributel, said in an email that he thinks Bell and others have are making a "low-probability play" to prevent a decision they don't like."The government and the CRTC are doing the right things to promote more competition in this and other markets," Stein said in an email."They should stay the course notwithstanding this typical and unjustified reaction from the incumbents, who seek to limit choice and competition to the detriment of Canadians."A spokeswoman for the Canadian Radio-television and Telecommunications Commission said it wouldn't have a comment Wednesday but noted that the carriers can also ask for changes through the CRTC's own review process.The commission advised the various parties on Tuesday that it has extended the deadline for requests to review and vary its decision to Dec. 13. It also noted that the matter is before the Federal Court of Appeal, which is another route for challenging the CRTC's decisions. This report by The Canadian Press was first published Nov. 13, 2019.Companies in this story: (TSX:BCE, TSX:QBR.B, TSX:RCI.B, TSX:SJR.B)David Paddon, The Canadian Press
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BCE Inc. (TSX:BCE)(NYSE:BCE). is a top dividend stock for TFSA investors who are keen to earn regular income. Find out why.
MONTRÉAL, Nov. 4, 2019 /CNW/ - Bell today welcomed Deloitte Canada's release of its study of 10 major Canadian companies that found organizations operating workplace mental health programs achieve a significant return on investment (ROI) with clear human resources and financial benefits. The first study of its kind in Canada, Deloitte's The ROI in workplace mental health programs: Good for people, good for business is based on data collected from Bell, Air Canada, ATB Financial, Canada Life, CIBC, Desjardins Group, Enbridge, Energir, Husky Energy and Morneau Shepell.
Getting yield can be tricky, but after the pullback in telecom stocks like Rogers Inc. (TSX:RCI.B)(NYSE:RCI) are there finally some options for dividends?
BCE Inc (TSX:BCE)(NYSE:BCE) reported earnings this week, and, as usual, the numbers came in strong, but a media deal it made could be more important.
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (16,483.16, down 18.27 points.)Encana Corp. (TSX:ECA). Energy. Down 37 cents, or 6.69 per cent, to $5.16 on 16.3 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 4.4 per cent, to $1.66 on 14.7 million shares.Crescent Point Energy Corp. (TSX:CPG). Energy. Down 38 cents, or 7.32 per cent, to $4.81 on 6.7 million shares.Vermilion Energy Inc. (TSX:VET). Energy. Down $1.93, or 9.98 per cent, to $17.40 on 5.1 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 55 cents, or 1.38 per cent, to $39.16 on 4.6 million shares.First Quantum Minerals Ltd. (TSX:FM). Materials. Down 57 cents, or 4.87 per cent, to $11.13 on 4.6 million shares. Companies in the news:Bombardier Inc. — Bombardier Inc. has signed a US$1.2-billion deal to sell its aerostructures business as the plane-and-train maker continues its shift toward business jets and railcars. Spirit AeroSystems Holdings Inc. has signed a definitive agreement with the Montreal-based company to buy its factories in Belfast, U.K., and Casablanca, Morocco, as well as its maintenance plant in Dallas. Under the agreement, Spirit will pay US$500 million in cash and assume liabilities of more than US$700 million. Bombardier lost US$91 million on $3.72 billion in revenue in its third quarter. That compared with a profit of $149 million on $3.64 billion in revenue a year ago.Resolute Forest Products Inc. (TSX:RFP). Down $1.27 or 21.2 per cent to $4.72. Shares of Resolute Forest Products Inc. dropped to an all-time low Thursday after the pulp, paper and lumber producer missed expectations as it swung to a third-quarter loss. Resolute says its net loss attributable to shareholders was US$43 million or 47 cents per diluted share for the period ended Sept. 30, compared with a profit of US$117 million or $1.25 per share a year earlier. The adjusted net loss was US$34 million or 37 cents per share. That compared with an adjusted profit of $96 million or $1.03 per share in the prior year. Sales fell 27.6 per cent to $705 million from $974 million in the third quarter of 2018.BCE Inc. (TSX:BCE). Down 26 cents to $62.48. Bell's wireless division had record third-quarter subscriber additions and it's in a good competitive position amid major industry changes such as new unlimited data plans and device financing options, BCE Inc. executives said Thursday. BCE chief executive George Cope, who is set to retire in January, opened his last quarterly analyst call with a long list of favourable metrics in the Bell wireless division, including improved revenue per user and margins. The telecommunications and media company also signalled that it's on track to meet its key 2019 full-year financial targets, a contrast to the reduced outlook announced last week by Rogers Communications Inc.Encana Corp. — Encana Corp., one of Canada's oldest and largest energy companies, is moving its corporate headquarters from Calgary to the United States to bolster its access to deep-pocketed investors. The company, which is also changing its name to Ovintiv Inc., says having a U.S. address will expose it to increasingly larger pools of investment in U.S. index funds and passively managed accounts. The change came as Encana announced a third-quarter profit of $149 million or 11 cents per share, up from a profit of $39 million or four cents per share a year ago.SNC-Lavalin Group Inc. (TSX:SNC). Up $4.06 or 20.6 per cent to $23.81. The head of SNC-Lavalin Group Inc. says he is not expecting a plea deal on criminal charges against the engineering firm in the wake of the Liberal election victory. Ian Edwards says the company is focused on defending itself through the court process. The partial sale of SNC's stake in the Ontario Highway 407 toll road drove a massive year-over-year profit increase in the third quarter. About $2.6 billion of the firm's $2.76 billion in net income last quarter — up from $120.7 million a year earlier — came from the after-tax gains of the 407 sale. On an adjusted basis, which excluded the 407 sale, SNC said it earned $218.0 million or $1.24 per share in its third quarter, up from an adjusted profit of $168.4 million or 96 cents per share a year ago. This report by The Canadian Press was first published Oct. 31, 2019.The Canadian Press