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On April 28 that year, BCE announced that CEO Michael Sabia was taking a 455% pay increase; his salary being raised from CA$1.21 million to $6.71 million. The pay included a $1.25 million salary, a $2.2 million bonus that Sabia converted to deferred share units, a long-term incentive payout of $3 million and other compensation, the filing shows.
That time period was last shortened on May 28, 2024. [7] The ex-dividend date is normally the same day as the record date. For the purpose of calculating an ex-dividend date, business days are days on which both the major stock exchanges and the banks in New York State are open. [8]
The company has a 78% payout ratio, indicating there's a cushion at the current dividend level to at least maintain payments. This shows that the company's paying out less than 100% of its profits ...
On October 3, 2023, BCE announced that Oosterman would be retiring from the conglomerate by early January 2024, and would be replaced as president of Bell Media by Sean Cohan, a former executive for the American media companies A&E Networks and Nielsen. [93] On October 23, 2023, Bell Media acquired Outfront Media's Canadian business for $410 ...
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The calculation is done by taking the first dividend payment and annualizing it and then divide that number by the current stock price. In other words, if the first quarterly dividend were $0.04 and the current stock price were $10.00 the forward dividend yield would be 0.04 × 4 10 = 1.6 % {\displaystyle {\tfrac {0.04\times 4}{10}}=1.6\%} .
The board has approved an increase to the planned dividend amount to $1.10 per share, reflecting a 5% increase from the prior dividend, the company said. HP announces outlook for fiscal 2024 and ...
BCE Inc v 1976 Debentureholders, 2008 SCC 69 (CanLII), [2008] 3 SCR 560 [2] is a leading decision of the Supreme Court of Canada on the nature of the duties of corporate directors to act in the best interests of the corporation, "viewed as a good corporate citizen".