Cable / Telecom News

BCE’s ends Q4 2013 with increased dividend, solid revenue growth

MONTREAL – BCE ended its final fiscal quarter of 2013 with a 6% increase in its annual common share dividend and EBITDA of almost $2 billion, driven in large part by revenue growth in its Bell wireline business.The company reported its common share dividend will increase by $0.14 per share to $2.47 effective with BCE’s Q1 2014 dividend, adding that today’s dividend announcement is BCE’s tenth successive increase in five years.BCE reported Q4 2013 net earnings attributable to common shareholders of $495 million, compared to $666 million in Q4 2012. The year-over-year decrease in net earnings was due to a...