In trading on Monday, shares of BCE Inc’s Series Y Preferred Shares (TSX: BCE-PRY.TO) were yielding above the 3% mark based on its monthly dividend (annualized to $0.6125), with shares changing hands as low as $20.30 on the day. As of last close, BCE.PRY was trading at a 16.55% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.
The chart below shows the one year performance of BCE.PRY shares, versus BCE:
Below is a dividend history chart for BCE.PRY, showing historical dividend payments on BCE Inc’s Series Y Preferred Shares:
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In Monday trading, BCE Inc’s Series Y Preferred Shares (TSX: BCE-PRY.TO) is currently up about 4.8% on the day, while the common shares (TSX: BCE.TO) are down about 0.2%.
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