Which BCE Inc Preferred should I Buy - canadianpreferredshares.ca

Which BCE Inc Preferred Should I Buy

This compare tool helps you determine Which BCE Inc Preferred you Should Buy. In this section we provide additional information to help you make the right decision. This information includes

  1. A number of what if scenarios for the 5 year resets. The scenarios are based on the various yields of the G.O.C. 5 year bond.
  2. A line graph chart with the historical yields of all preferreds issued.
  3. Links to the prospectus of each preferred.


 
 

Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 6 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at -0.50%
  • Scenario 2: 5YR GOC Rate is set at 0.01%
  • Scenario 3: 5YR GOC Rate is set at 0.40%
  • Scenario 4: 5YR GOC Rate is set at 0.80%
  • Scenario 5: 5YR GOC Rate is set at 1.20%
  • Scenario 6: 5YR GOC Rate is set at 1.60%

Note: Only the first 3 "What if scenarios" of the total 6 are available on the Free Site. All 6 scenarios can be viewed in the premium site


For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Apr-19 18:00, Model Metrics Apr-19 19:29
Credit RatingSymbolReset Date Y/M/DCurrent (Yield Dividend)
5Yr @ -0.50%. Reset (Yield Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ -0.50%.
5Yr @ -0.50%. Blended (Yield Dividend)5Yr @ -0.50%. Rate Increase (percent | to value )
5Yr @ 0.01%. Reset (Yield Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.01%.
5Yr @ 0.01%. Blended (Yield Dividend)5Yr @ 0.01%. Rate Increase (percent | to value )
5Yr @ 0.40%. Reset (Yield Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.40%.
5Yr @ 0.40%. Blended (Yield Dividend)5Yr @ 0.40%. Rate Increase (percent | to value )
Pfd3BCE-K BCE.PR.K CA05534B6796 2021DEC0104.60% $0.74002.14% $0.3402.38% $0.38055% 2.14%2.94% $0.4703.10% $0.49055% 2.94%3.54% $0.5703.64% $0.58055% 3.54%
Pfd3BCE-Q BCE.PR.Q CA05534B5962 2023SEP0105.50% $1.20002.45% $0.5303.82% $0.83014% 2.45%3.04% $0.6604.14% $0.90014% 3.04%3.48% $0.7604.39% $0.95014% 3.48%
Pfd3BCE-O BCE.PR.O CA05534B6200 2022MAR0104.48% $1.07002.71% $0.6402.97% $0.71004% 2.71%3.24% $0.7703.42% $0.81004% 3.24%3.65% $0.8703.77% $0.90004% 3.65%
Pfd3BCE-M BCE.PR.M CA05534B6465 2026MAR0104.42% $0.73482.39% $0.3904.32% $0.71050% 2.39%3.16% $0.5204.36% $0.72050% 3.16%3.75% $0.6204.39% $0.72050% 3.75%
Pfd3BCE-R BCE.PR.R CA05534B7034 2025DEC0104.42% $0.7545-0.586% $-0.103.91% $0.66046% -0.586%0.01% $0.0003.97% $0.67046% 0.01%0.46% $0.0804.02% $0.68046% 0.46%
Pfd3BCE-T BCE.PR.T CA05534B8107 2021NOV0104.51% $0.7544-0.598% $-0.1-0.08% $-0.0049% -0.598%0.01% $0.0000.46% $0.07050% 0.01%0.47% $0.0800.88% $0.14049% 0.47%
Pfd3BCE-Z BCE.PR.Z CA05534B8289 2022DEC0105.67% $0.9760-0.581% $-0.101.29% $0.22045% -0.581%0.01% $0.0001.70% $0.29045% 0.01%0.46% $0.0802.02% $0.34045% 0.46%
Pfd3BCE-A BCE.PR.A CA05534B7943 2022SEP0105.26% $0.9025-0.583% $-0.100.87% $0.15045% -0.583%0.01% $0.0001.32% $0.22046% 0.01%0.46% $0.0801.66% $0.28045% 0.46%
Pfd3BCE-C BCE.PR.C CA05534B7869 2023MAR0105.92% $1.0950-0.541% $-0.101.72% $0.31035% -0.541%0.01% $0.0002.07% $0.38035% 0.01%0.43% $0.0802.35% $0.43035% 0.43%
Pfd3BCE-F BCE.PR.F CA05534B7455 2025FEB0105.18% $0.9663-0.536% $-0.103.74% $0.69034% -0.536%0.01% $0.0003.88% $0.72033% 0.01%0.42% $0.0803.98% $0.74033% 0.42%
Pfd3BCE-G BCE.PR.G CA05534B7372 2021MAY0104.00% $0.6875-0.582% $-0.1-0.58% $-0.1045% -0.582%0.01% $0.0000.01% $0.00045% 0.01%0.46% $0.0800.46% $0.08045% 0.46%
Pfd3BCE-I BCE.PR.I CA05534B7117 2021AUG0104.07% $0.6875-0.592% $-0.1-0.35% $-0.0048% -0.592%0.01% $0.0000.21% $0.03047% 0.01%0.47% $0.0800.65% $0.11048% 0.47%




Current yields over time

The graph below shows the current yield of each BCE Inc. preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. The yield has an inverse relationshlp to the share price. As the share price rises towards face value the yield gets lower.
  2. For 5 year resets, at reset time the yield usually makes a substantial move up or down when the reset takes effect.




Reset yields over time

The graph below shows the projected reset yield of each BCE Inc. preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. This yield is projected based on todays 5yr GOC rate plus the spread of the preferred.
  2. This is a what if scenario. If the preferred was to reset today this would be the new yield.

BCE Inc. Preferreds – Prospectus Information

Prospectus Information for each of the BCE Inc. Preferreds is available in the links below. Going over the main parts of the prospectus will ensure you are looking at the right preferred.

 

  1. Series AA: BCE.PR.A Can convert to BCE.PR.B
  2. Series AB: BCE.PR.B Can convert to BCE.PR.A
  3. Series AC: BCE.PR.C Can convert to BCE.PR.D
  4. Series AD: BCE.PR.D Can convert to BCE.PR.C
  5. Series AE: BCE.PR.E Can convert to BCE.PR.F
  6. Series AF: BCE.PR.F Can convert to BCE.PR.E
  7. Series AG: BCE.PR.G Can convert to BCE.PR.H
  8. Series AH: BCE.PR.H Can convert to BCE.PR.G
  9. Series AI: BCE.PR.I Can convert to BCE.PR.J
  10. Series AJ: BCE.PR.J Can convert to BCE.PR.I
  11. Series AK: BCE.PR.K Can convert to BCE.PR.L
  12. Series AL: BCE.PR.L Can convert to BCE.PR.K
  13. Series AM: BCE.PR.M Can convert to BCE.PR.N
  14. Series AN: BCE.PR.N Can convert to BCE.PR.M
  15. Series AO: BCE.PR.O
  16. Series AQ: BCE.PR.Q
  17. Series S: BCE.PR.S Can convert to BCE.PR.T
  18. Series T: BCE.PR.T Can convert to BCE.PR.S
  19. Series Y: BCE.PR.Y Can convert to BCE.PR.Z
  20. Series Z: BCE.PR.Z Can convert to BCE.PR.Y

Press Release Summaries

Click here to see the latest press releases related to BCE preferred shares.

 

Additional Information

Continue to Which BCE should I Buy – Page 1 of 4 where you can find:

  1. BCE Brief Overview
  2. Latest BCE Credit Ratings
  3. BCE Common Share Metrics
  4. Overall Preferred Share Metrics across all BCE preferreds
Which BCE Inc Preferred should I Buy - canadianpreferredshares.ca

Additional Information

Continue to BCE Preferreds Consolidated Short Position Report page 3 of 4 where you can find

  1. Consolidated Short Position Reports for each BCE Preferred