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
7.1%
Payout Ratio
34.6%
Sustainable
Dividend Streak
0 years
BCE Dividend Income Check
Safety
34.6% 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 Yield7.1%
Trailing DPS$2.34
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout34.6%
Earnings SafetySustainable
FCF Payout72.1%
FCF SafetyAdequate
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 Yield0.7%
Total Shareholder Yield7.8%
1Y Total Return18.1%
5Y Total Return-23.9%
Div Contribution (5Y)26.1%
Estimated $10K growth (return + dividends):
5Y ago$7,60810Y ago$10,65620Y ago$24,946
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
Dividend Analysis
Payout Safety
BCE Inc. distributes 34.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 72.1%, rated "Adequate".
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: 7.1% dividend yield, 0.7% buyback yield, 7.8% 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 -23.9%, with dividends contributing 26.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $10,656 today.
BCE Recent Dividend Payments
Last 20 payments · Annual
TTM Total$12.63
Avg/Payment$0.6316
Latest Change+0.7%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 16, 2026Latest | $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 |
| Jun 14, 2024 | $0.7260 | ↓ -2.0% | 8.81% | Jul 15, 2024 |
BCE Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
7.1%
#1 of 8
Safety
Sustainable
34.6% payout
Streak
0Y
-7.9% 5Y CAGR
Total Shareholder
7.8%
#2 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st BCEBCE Inc. | $22.6B | 7.1% | 34.6% | 0 | Sustainable |
 TAT&T Inc. | $178.4B | 4.5% | 37.4% | 2 | Sustainable |
3rd  VZVerizon Communicatio… | $200.1B | 5.7% | 66.9% | 11 | Watch |
 TMUST-Mobile US, Inc. | $209.0B | 1.9% | 37.5% | 3 | Sustainable |
2nd  TUTELUS Corporation | $20.0B | 6.1% | 1.5% | 5 | Sustainable |
 RCIRogers Communication… | $19.7B | 3.9% | 15.2% | 1 | Sustainable |
 CMCSAComcast Corporation | $96.3B | 5.1% | 24.7% | 18 | Sustainable |
 LUMNLumen Technologies, … | $10.1B | 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 | $0.32 | — | 1 | — | — | — | 0.7% |
| 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% |
Full BCE Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See BCE's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonBCE — 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 +7.1%. Payments are made 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 Annual.
Is BCE's dividend safe?
BCE's dividend safety is rated "Sustainable" based on an earnings payout ratio of +34.6% and FCF payout ratio of +72.1%. 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 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 $7,608 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 +7.1% market yield, thanks to the lower original cost basis.