I own this stock of BCE Inc. (TSX-BCE, NYSE-BCE). That is one of first shares I bought, that was in 1982. In those days it was called an orphan and widow stock. It isn’t easy to figure out what I have earned on this stock since it has spun off shares for Nortel and Bell Aliant. In 2016 I sold Manitoba Telecom.
To keep the same in Telecom category, I purchased even more BCE with the proceeds. The problem with looking at BCE long term is that they have spun off Nortel. They bought and spun of Bell Aliant then. Because I’ve owned BCE since 1987, my spreadsheet covers all this. What I did so nothing like about Bell rotating off these companies is that I was left with odd plenty of stock every time.
They could have organized the spin off better. Other companies do not let you finish up with odd a lot of stocks because of spin-offs. There are many of cautionary records. This first is the problem with Book Value in that it has declined over the past a decade by 0.65% per calendar year and has only produced by 4.47% per season within the last 5 years. The next you are that the Dividend Payout Ratio is a bit too much. The 5 12 months coverage is 86% and I’d prefer to see this at 80% or lower. Another cautionary is concerns extensive income.
For the corporation there is a large difference between comprehensive income and net gain with extensive income being a lot lower. In 2017 the extensive income is 30% lower and the 5 12 months median difference is 30%. This is a whole great deal. This could point to NET GAIN or EPS not being of good quality. Lastly, we should not disregard the fact that the existing P/S Ratio is some 39% higher than the 10-season median P/S percentage. This by itself would not suggest a pricey stock, but it will give you pause. Dividend Payout Ratios are a little high.
I prefer them to be 80% or lower for electricity stocks which is basically a computer program stock. The DPR for 2018 was 91% with 5 12 months coverage of 86%. The 5-year coverage is probably the most crucial figure. For 2018 analysts expect the DPR to be around 86% with 5-year coverage at 85%. The DPR for CFPS for 2017 was at 27% with 5 12 months coverage at 35%. That is fine.
I have total return heading back some 35 years. I believe total come back at around 8% for the long-term is a good return. The total return because of this stock within the last 5, 10, 15, 20, 25, 30 and 35 years is 12.45%, 8.51%, 9.17%, 9.90%, 9.63%, 9.37%, and 13.45% per year. The portion of the total came back related to capital benefits over these right time periods is 7.21%, 4.30%, 5.13%, 42%, 4.89%, 4.44% and 5.67% per 12 months. The part of the full total comeback related to dividends over these time periods is 5.24%, 4.22%, 4.04%, 4.48%, 4.74%, 4.93% and 7.79% per calendar year. The statistics from above in graph form.
52.51. This stock price assessment shows that the stock price is relatively acceptable and below the median. 52.51. The current percentage is some 2% above the 10-season median ratio. This stock price tests show that the stock price is relatively sensible but above the median. 52.51. The existing yield is some 24% above the historical median dividend yield. This stock price screening would suggest that the stock price is relatively cheap.
52.51. The current P/S Ratio is some 21% higher than the 10-season median percentage. This stock price testing would suggest that the stock price is relatively expensive. AFTER I look at experts’ suggestions I find Strong Buy (2), Buy (7), Hold (11) and Underperform (1). The consensus would be a Hold. Jacob Donnelly of Motley Fool considers it is a good time for you to buy this stock with the increased yield because of the low stock price.