BCE Inc

I want to talking about stocks I have had for the long term. This is basically what I have been talking about. Buy good companies and keep them. The next one I want to talk about is BCE Inc. When I bought this stock, it was considered a widows and orphan stock, that is a very safe one. I doubt if that would still apply.

I bought this stock first October 5, 1982. I took advantage of their dividend reinvestment program and used my dividends and some extra cash (usually $100.00) to buy more shares most quarters. The problem with these programs at that time was keeping a record of what I was buying. I had done this with a few stocks, but I decided to get out of these programs in 1987.

This is one of most confusing stocks to analyze because of changes over the years. They spun off Nortel (2000) and Bell Aliant (2006). I cannot really figure out how much I have made on this stock since 1982. I bought the Quicken Program and I have recorded in this program this stock since 1987, I can figure out what I have made since 1987, but I also have to include Nortel and Bell Aliant in this calculation. I did not want to keep either so I sold them.

The problem with Nortel is that it was spun off during the 2000 bull market and was spun off at a very high price. I sold half of my Nortel at a very good price in 2000 ($84.60), but sold the rest at a low price of 2006 at $2.57 a share. At that price, it was almost back to my ACB for tax purposes.

I also made several purchases of BCE over the years. However, according to Quicken, I have made to the end of June 2025, a total return of 12.08% with 3.67% from capital gains and 8.41% from dividends. Over the years, with ups and downs in this company, I still have done quite well.

On my other blog I wrote yesterday about Telus Corp (TSX-T, NYSE-TU) ... learn more. Next, I will write about Trican Well Service Ltd (TSX-TCW, OTC-TOLWF) ... learn more on Friday, September 19, 2025 around 5 pm.

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