BCE, Inc. (BCE) Misses Q1 EPS by 3c; Raises FY11 EPS Outlook; Boosts Qtr. Dividend 2.5% to $0.5175; Yields 5.4%
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BCE, Inc. (NYSE: BCE) reported Q1 EPS of $0.67, $0.03 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $3.88 billion versus the consensus estimate of $4.48 billion.
Increases FY11 EPS outlook from $2.90 - $3.00 to $2.95 - $3.05, versus the consensus of $3.03.
BCE's Board of Directors has declared a quarterly dividend of $0.5175 per common share, $2.07 annualized. The dividend is a 2.5 percent increase from the current rate of $0.505.
The dividend is payable on July 15, 2011 to shareholders of record at the close of business on June 15, 2011, with an ex-dividend date of June 13, 2011.
Yield on the dividend is 5.4%.
Increases FY11 EPS outlook from $2.90 - $3.00 to $2.95 - $3.05, versus the consensus of $3.03.
BCE's Board of Directors has declared a quarterly dividend of $0.5175 per common share, $2.07 annualized. The dividend is a 2.5 percent increase from the current rate of $0.505.
The dividend is payable on July 15, 2011 to shareholders of record at the close of business on June 15, 2011, with an ex-dividend date of June 13, 2011.
Yield on the dividend is 5.4%.
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