Why dividend investors should sell BCE shares

Why dividend investors should sell BCE shares

There are plenty of better options available

BCE Finally Cut its Dividend: Is This a Turning Point for the Stock?

At long last! BCE (TSX:BCE) stock finally ripped the band-aid off by slashing its dividend. Indeed, a dividend yield in the teens was never viewed as remotely sustainable to begin with. Now that BCE shareholders have more clarity on the dividend they’ll receive, it should be no surprise that the stock is back on the uptrend again. Sometimes, all a stock needs is a bit of a cathartic puke and the occurrence of a bad news event, such as a dividend…