BCE Inc.: Increased Dividend Makes It A Better Buy
@AseiResearch:
Summary BCE recently increased its dividend, which gives another reason to buy this stock. All of the company's segments are performing well with strong YoY growth. Telecommunications is a vital service, even in a recession, so it makes it a solid investment for conservative investors. bjdlzx/E+ via Getty Images $Bce Inc(BCE)$ is now a stronger option for investors thanks to its dividend increase. The company announced that it willincrease its dividendtoC$0.92 on May 9 this year, which increases itsdividend yield to 5.2%. This dividend amount isslightly abovethe average in the telecommunications industry. However, the company also has great historical and forward earnings and plenty of free cash flow to make this a great defensive option in investors'