MONTREAL – BCE said Thursday that it is increasing its dividend by 5% for 2012, plus will use surplus cash to buy back up to $250 million worth of shares. The communications giant also said that it will make a $750 million voluntary prepayment this month to Bell Canada's defined benefit pension plan to reduce its future pension obligation. The BCE annual common share dividend will increase by 10¢ to $2.17 per share, effective its first quarter 2012 dividend payable on April 15, 2012 to shareholders of record at the close of business on March 15, 2012. This increase maintains...
