BCE is paying $.365 per quarter in Canadian dollars. In US dollars, this is approximately US $1.20 per year. At today's (Dec. 16, 2008) BCE share price ($US 17.76), this gives a yield of about 6.76%. It is not the 8.60% yield discussed above.
Some reports on DEO do the same thing, also resulting in reported yields that are too high.
Cramer's Mad Money - Is Your Dividend Safe? (12/10/08) [View article]
WIN has better cash flow than earnings show. It has about 50% more depreciation per quarter than CapEx spending, so it has that extra cash to buy back shares and pay down debt. Depreciation much greater than CapEx is always great for the cash flows for dividend / value investors. I hope the stock stays low so I can buy more 11+% tax-advantaged yields in a business that is fairly recession-resistant.
Nine Notable Dividend Increases [View article]
Some reports on DEO do the same thing, also resulting in reported yields that are too high.
Cramer's Mad Money - Is Your Dividend Safe? (12/10/08) [View article]