| BCE (NYSE: BCE) is Canada's largest telecom company, providing phone and internet services as well as creating content via several networks. The company pays an attractive 5.4% yield on its American depositary receipts, or ADRs. (An ADR is very similar to a stock and is a way for investors to get exposure to foreign stocks.) Can shareholders expect to see that strong dividend in the future, or will management say, "Sorry, eh"? Things aren't looking so hot for the company from the Great White North. In 2024, free cash flow sunk to its lowest level in years. BCE's free cash flow is projected to grow starting in 2025, but Safety Net doesn't factor in estimates beyond the nearest forecast. Once the calendar rolls over and 2026's estimate is included in the model, the stock could get an upgrade if projections suggest growth over 2025's figure. |
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