SmarterDividends
BCE

BCE Dividend

BCE Inc. · Communication Services · Telecom Services · quarterly payer

$21.80

Fairly valued · -13% Add to Portfolio

As of Nov 5, 2026, BCE pays a quarterly dividend of $0.3150 per share, or $1.23 a year, a 5.83% yield at its $21.80 share price. It pays every quarter, usually in January, April, July and October. It has a dividend safety grade of C.

Forward Yield

5.83%

Annual Dividend

$1.23

Payout Ratio

26%

5-Yr Growth

-12.8%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about BCE's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, BCE Inc. (BCE) has a forward dividend yield of 5.83%, based on an annual dividend of $1.23 per share and a share price of $21.80.
  • As of Nov 5, 2026, BCE's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • BCE last cut its regular dividend in 2025.
  • BCE's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.32 per share.
  • As of Nov 5, 2026, BCE pays out 26% of its trailing 12-month earnings as dividends (its payout ratio).
  • BCE's dividend has shrunk at an average rate of 12.8% a year over the past five years.
  • As of Nov 5, 2026, BCE's 5.83% yield is 14% below its five-year average yield of 6.81%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for BCE is $18.91 per share, 13% below the $21.80 share price, so BCE screens as fairly valued.
  • BCE Inc. (BCE) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "BCE Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/BCE

Is BCE a good dividend stock?

Yes, with caveats

BCE Inc. (BCE) pays a quarterly dividend yielding 5.83% ($1.23/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (26%)

Risks

  • Cut its dividend in 2025
  • Dividend has been shrinking, not growing
  • Share price is down over the past 5 years

Key Data

Dividend Yield
5.83%
Payout Ratio
26%
Annual Dividend
$1.23
5-Yr Avg Growth
-12.8%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.67
Market Cap
$20.3B
P/E Ratio
4.5
5-Yr Total Return
-60%
52-Week Range
$18.68 – $26.52
Dividend Safety
C · 62/100
Ever Cut?
Yes (2025)

BCE dividend changes

BCE Inc. (BCE) pays a variable dividend: across the 155 payments on record since 1988, 53 were higher than the one before and 29 lower. The latest change was up 0.6% to $0.315 per share, going ex-dividend on Sep 15, 2026.

Ex-dateChangeOld → newMove
Sep 15, 2026Higher$0.313 → $0.315+0.6%
Jun 15, 2026Lower$0.319 → $0.313−1.9%
Mar 16, 2026Higher$0.315 → $0.319+1.3%
Dec 15, 2025Higher$0.311 → $0.315+1.3%
Sep 15, 2025Lower$0.319 → $0.311−2.5%
Jun 16, 2025Lower$0.718 → $0.319−55.6%
Mar 14, 2025Higher$0.695 → $0.718+3.3%
Dec 16, 2024Lower$0.734 → $0.695−5.3%
Sep 16, 2024Higher$0.726 → $0.734+1.1%
Jun 14, 2024Lower$0.741 → $0.726−2.0%
Mar 14, 2024Higher$0.716 → $0.741+3.5%
Dec 14, 2023Higher$0.714 → $0.716+0.3%
Every BCE payment →Download every raise and cut (CSV)
BCE ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →BCE dividend historyEvery payment, totals by year, raises and cutsView →BCE dividend calculator100 shares pay $123.00 a year, $30.75 each quarterCalculate →BCE total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is BCE a good dividend stock?

Yes, with caveats. BCE Inc. (BCE) pays a quarterly dividend yielding 5.83% ($1.23/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is BCE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BCE's fair value is about $18.91 versus a $21.80 share price — so it looks fairly valued (-13% vs. fair value).

Is BCE's dividend safe?

BCE has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is BCE's fair value?

Our blended fair-value estimate for BCE is about $18.91 per share, about 13% below the current $21.80 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BCE a buy, hold, or sell?

We don't issue formal ratings, but on the data BCE screens as "yes, with caveats" and fairly valued. BCE Inc. (BCE) pays a quarterly dividend yielding 5.83% ($1.23/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will BCE cut its dividend?

BCE earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BCE pay a dividend?

Yes. BCE Inc. pays a quarterly dividend of about $1.23 per share annually, a forward yield of roughly 5.83%.

How much dividend does 100 shares of BCE pay?

At $1.23 per share a year, 100 shares of BCE pay $123.00 a year in dividends before tax, about $30.75 each quarter. Buying them costs about $2,180 at the Nov 5, 2026 price.

What is BCE's dividend yield?

As of Nov 5, 2026, BCE's forward dividend yield is 5.83%, based on a $1.23 annual dividend and a $21.80 share price.

What is BCE's dividend per share?

As of Nov 5, 2026, BCE pays $1.23 per share per year, distributed on a quarterly basis.

What is BCE's dividend payout ratio?

As of Nov 5, 2026, BCE's payout ratio is 26% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has BCE grown its dividend?

BCE does not currently have a long dividend-growth streak on record.

When is the next BCE ex-dividend date?

As of Nov 5, 2026, BCE's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.32 per share.

Income Calculator

At $1.23 / yr per share

Per payment (quarterly)$30.75
Annual$123.00
Monthly avg$10.25
Full BCE dividend calculator →

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