BCE Makes It Official: Why The 56% Dividend Cut Is Good News (Rating Upgrade)

BCE Inc. (TSX: BCE:CA ) (NYSE: BCE ) has finally done the inevitable and cut its dividend , slashing the annual payout by 56% to $1.75 per share. It's a positive move, but is it enough to get people excitedAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Se ...