If you’re a passive-income investor looking for a bit more yield for your buck, you’re probably feeling tempted to pick up just a few shares (maybe as a part of a starter position) in long-time telecom top dog BCE (TSX:BCE). Undoubtedly, it’s been a retiree-friendly dividend darling for such a long time. With shares in a historic multi-year slump, however, it could prove tough sledding from here as the firm gives everything it’s got to bottom out.
Whether the firm has what it takes to support a sustained rally to last year’s 52-week highs or even all-time highs (the $73 and change level seems so far off now!) remains the big question that many Canadian investors have been asking. While the 11.66% dividend yield is bound to be the number-one figure grabbing the attention of investors, I’d argue that it’s the cash flows that matter more. Indeed, the stretched dividend yield does not mean much if it’s due (perhaps even…
