BCE announces preferred shares conversions between fixed-rate Series T and floating-rate Series S on Nov 2, 2026

BCE Inc. announced that on November 2, 2026, 400 Series T fixed-rate preferred shares will convert into floating-rate Series S shares, while 676,765 Series S shares will convert into Series T shares on a one-for-one basis. After these conversions, BCE will have 5,474,698 Series T shares and 1,190,512 Series S shares outstanding. Series T shares will pay a fixed quarterly dividend of 5.523% annually for five years, while Series S shares will continue to pay a monthly floating dividend based on the prime rate and market adjustments. This move allows investors to switch between fixed and floating dividend preferences according to market conditions.

BCE Inc.'s common stock is currently priced at USD 19.82 on Pluang as of October 20, 2026, 06:21 WIB. The stock has experienced a 2.48% decline in the past day. Investors receive a dividend yield of 6.06%, which complements the company's preferred share dividend options discussed in the news.