Trailing Dividend / Share
$2.34
BCE Inc. (BCE) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
7.9%
Payout Ratio
33.7%
Sustainable
Dividend Streak
0 years
BCE Dividend Income Check
Safety
33.7% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 3.8% and trend is falling.
BCE Dividend Scorecard
Yield & Income
Dividend Yield7.9%
Trailing DPS$2.34
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout33.7%
Earnings SafetySustainable
FCF Payout79.3%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak0 years
3Y CAGR-16.2%
5Y CAGR-7.9%
Yield on Cost (5Y)3.8%
YOC Trendfalling
Total Returns
Buyback Yield0.8%
Total Shareholder Yield8.7%
1Y Total Return-4.9%
5Y Total Return-33.0%
Div Contribution (5Y)24.8%
Estimated $10K growth (return + dividends):
5Y ago$7,19810Y ago$10,35120Y ago$25,561
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
BCE Income Growth Story
Dividend per share and yield on cost over time (43 years of payments)
BCE Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
BCE Inc. distributes 33.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 79.3%, rated "Stretched".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
BCE does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -16.2% and 5-year CAGR of -7.9%.
Total Shareholder Returns
Beyond cash dividends, BCE returns capital through share repurchases. The combined picture: 7.9% dividend yield, 0.8% buyback yield, 8.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.8% and is currently falling. The 5-year total return is -33.0%, with dividends contributing 24.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $10,351 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
BCE Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$12.23
Avg/Payment$0.6113
Latest Change-2.1%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $0.3129 | ↓ -2.1% | 5.27% | Jul 15, 2026 |
| Mar 16, 2026 | $0.3197 | ↑ +0.7% | 4.93% | Apr 15, 2026 |
| Dec 15, 2025 | $0.3176 | ↑ +0.2% | 6.99% | Jan 15, 2026 |
| Sep 15, 2025 | $0.3171 | ↓ -1.7% | 8.56% | Oct 15, 2025 |
| Jun 16, 2025 | $0.3227 | ↓ -53.5% | 10.92% | Jul 15, 2025 |
| Mar 14, 2025 | $0.6937 | ↓ -0.2% | 12.14% | Apr 15, 2025 |
| Dec 16, 2024 | $0.6950 | ↓ -5.2% | 12.14% | Jan 15, 2025 |
| Sep 16, 2024 | $0.7335 | ↑ +1.0% | 8.48% | Oct 15, 2024 |
BCE Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
7.9%
#1 of 8
Safety
Sustainable
33.7% payout
Streak
0Y
-7.9% 5Y CAGR
Total Shareholder
8.7%
#3 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st BCEBCE Inc. | $19.5B | 7.9% | 33.7% | 0 | Sustainable |
 TAT&T Inc. | $143.1B | 5.6% | 37.4% | 0 | Sustainable |
3rd  VZVerizon Communicatio… | $175.7B | 6.5% | 66.9% | 21 | Watch |
 TMUST-Mobile US, Inc. | $196.7B | 2.0% | 37.5% | 2 | Sustainable |
2nd  TUTELUS Corporation | $16.0B | 7.3% | 1.5% | 5 | Sustainable |
 RCIRogers Communication… | $17.0B | 4.3% | 15.2% | 0 | Sustainable |
 CMCSAComcast Corporation | $85.2B | 5.8% | 24.7% | 17 | Sustainable |
 LUMNLumen Technologies, … | $6.7B | 0.0% | — | 0 | Unknown |
BCE Annual Dividend History (1984–2026)
43 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.63 | — | 2 | — | — | — | 1.5% |
| 2025 | $1.65 | -43.0% | 4 | $6.78 | 24.4% | 4.11x | 3.8% |
| 2024 | $2.90 | 1.2% | 4 | $0.18 | 1608.6% | 0.06x | 6.7% |
| 2023 | $2.86 | 1.8% | 4 | $2.28 | 125.5% | 0.80x | 6.7% |
| 2022 | $2.81 | 0.7% | 4 | $2.98 | 94.3% | 1.06x | 6.5% |
| 2021 | $2.79 | 12.0% | 4 | $2.99 | 93.3% | 1.07x | 6.5% |
| 2020 | $2.49 | -3.6% | 4 | $2.53 | 98.5% | 1.02x | 5.8% |
| 2019 | $2.59 | 3.5% | 4 | $3.37 | 76.7% | 1.30x | 6.0% |
| 2018 | $2.50 | 12.5% | 4 | $3.26 | 76.7% | 1.30x | 5.8% |
| 2017 | $2.22 | 6.3% | 4 | $3.20 | 69.4% | 1.44x | 5.2% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
42+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
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BCE — Frequently Asked Questions
Quick answers to the most common questions about buying BCE stock.
How much dividend does BCE pay per share?
BCE Inc. (BCE) pays a trailing 12-month dividend of $2.34 per share, with a current dividend yield of +7.9%. Payments are made Semi-Annual.
When is BCE's next ex-dividend date?
BCE's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. BCE typically pays dividends Semi-Annual.
Is BCE's dividend safe?
BCE's dividend safety is rated "Sustainable" based on an earnings payout ratio of +33.7% and FCF payout ratio of +79.3%. The dividend history does not yet show a prolonged growth streak.
How many years has BCE increased its dividend?
BCE has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -7.9%.
How often does BCE pay dividends?
BCE Inc. pays dividends Semi-Annual. The trailing 12-month total is $2.34 per share. Dividend data on this page covers 42+ years from 1984 to 2026.
How much would $10,000 invested in BCE grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in BCE five years ago would be worth approximately $7,198 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is BCE's yield on cost for long-term holders?
BCE's yield on cost — the current dividend divided by the original purchase price — is +3.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +7.9% market yield, thanks to the lower original cost basis.