Manitoba hit with five tornadoes last week
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When a stock appears like a safe investment for orphans and grandparents, investors should exercise caution. Before it cut its dividend, BCE (BCE) offered a dividend that yielded over 10%. That yield turned out to be too good to be true.In its last quarterly report, BCE slashed its dividend by 56% to a more sustainable 5.9% yield. The company lowered its equity commitment to its Ziply Fiber acquisition by finding a co-investor. These actions helped BCE stock stabilize somewhat.BCE still faces anemic performance. In Q1, revenue fell by 1.3%. The pending acquisition of Ziply will expose BCE to…
Catch the Ace is back
Rotary’s Catch The Ace Progressive Raffle is back. The first weekly draw will be on June 19 on YourTV (Cogeco TV) Cable 12/HD Cable 700 at approximately 7:10 pm, in conjunction with Rotary TV Bingo. In July, the draw will become part of the Cogeco Wednesday news cast with broadcast time to be announced. The […]
Hail storm cleanup event underway to help residents dispose of debris from last week’s storm
After hail wreaked havoc for some Calgary residents last Monday, a cleanup event is underway.