Hello everyone I’m back to share another dividend raise with you. On Feb 7th the board of directors of BCE announced a 5% raise to its dividend. This is the fifth raise I have received since owning the stock. BCE will now pay a quarterly dividend of $0.7925 up from $0.755.
I currently own 140 shares and with this announcement my quarterly income will increase $5.25 and annually by $21.
If you own BCE then congrats on the raise fellow shareholders.
Thanks
Matthew
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Congrats, Matt! 140 shares of Bell! That’s a large position!
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Congrats! We’re up to 9 so far this year and I still expect a few more to trickle in later this month. KO’s should be coming any day now too but I expect something like 3-6%.
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Thanks! Wow 9 so far that is amazing, I hope they keep coming in for you.
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Well done! Out of curiosity, for your LIRA, do you have the option of having the dividends paid out to you in cash or do they just show up in your LIRA as cash?
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Hello, the dividends show up in my LIRA as cash. I can’t remove any money from the account until I reach a certain age. I believe 55 but I’m not 100% sure on that.
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Thanks for the reply 😊
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You’re welcome!
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You can unlock half your LIRA @ age 55.
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Congrats on your 4th dividend raise of the year, Matthew! I don’t own BCE right now but I would like to start a position. Nice work this year!
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Thanks, I have a big position in BCE I don’t think I will ever sell it.
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