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BCE slashes dividend by 56 percent amid debt concerns
BCE Inc. announced a 56 percent dividend cut to $1.75 annually, effective July 15, to address unsustainable payouts and high debt exceeding $33.8 billion, despite forming a complex partnership with PSP Investments for a US$5-billion Ziply Fiber acquisition.
BCE slashes dividend by 56 percent amid debt concerns
BCE Inc. announced a 56 percent dividend cut to $1.75 annually, effective July 15, to address unsustainable payouts and high debt exceeding $33.8 billion, despite forming a complex partnership with PSP Investments for a US$5-billion Ziply Fiber acquisition.
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