The dividend yields of Canadian telecom stocks are hovering near 20-year highs, even though bond yields are nosediving and central banks embrace rate cuts. This mismatch suggests that BCE Inc.
Ms. Price calculated that the average telecom dividend yield should be 4.6 per cent, based on the historical average spread between the sector and the 10-year U.S. Treasury bond. More importantly, she believes that investors will move into high-yielding stocks as bond yields decline.
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Source: TerraceStandard - 🏆 24. / 68 Read more »