BCE announced another dividend increase for 2011. "The BCE annual common share dividend will increase by 7.7% to $1.97 per share, effective with BCE's Q1 2011 dividend payable on April 15, 2011 to shareholders of record at the close of business on March 15, 2011"
That's great news to start the weekend off. I just wish I had bought more shares when I bought in earlier this year. My purchase price was 27.84 and my yield was 6.25% and my current yield on my investment with the new dividend is now 7.07%! I can't wait to see what 2011 has in store for dividend increases. Slowly but surely my investment strategy is paying off. I just wish I knew about dividend investing 10 years ago!
3 comments:
Hi:
I'm happy too. I bought some right after the failed takeover at 22+. With dividends reinvested & the 6 or 7 increases, my yield on cost is now 10%. And I have a 60% capital gain!
GO BELL!
I also wish I had started 10 years ago ...
7% on BCE -- Not bad
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