BCE Inc.

BCE · Communication Services

About BCE Inc. (BCE)

BCE Inc. is a Telecom Services company operating in the Communication Services sector. The company is headquartered in Verdun, Canada. BCE has been publicly traded since 1996, giving it 30+ years of trading history.

BCE Inc. (BCE) has been publicly traded since 1996, making it a 30-year-old public company. It operates in the Telecom Services industry within the Communication Services sector. The company is headquartered in Verdun, Canada and employs approximately 38,683 people. With a market capitalization of C$33 billion, BCE is a large established company.

BCE trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$33 billion. The company employs approximately 38,683 people worldwide.

Sector
Communication Services
Industry
Telecom Services
Headquarters
Verdun, Canada
IPO Year
1996

Key Statistics

Current Price
C$35.09
Market Cap
C$32.72B
52-Week High
C$36.25
52-Week Low
C$28.73
Sector
Communication Services
Industry
Telecom Services

BCE Investment Performance

BCE has gained 7.2% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in BCE would have grown to C$856, representing a -14.3% total return. Since its IPO in 1996, a C$1,000 investment would now be worth C$22,455.

C$1,000 Invested in BCE Inc. (BCE)

1 Year
C$1,107
+11%
3 Years
C$716
+-28%
5 Years
C$857
+-14%
10 Years
C$1,068
+7%
Since IPO
C$22,455
+2146%

How much would C$1,000 invested in BCE be worth today?

What would C$1,000 invested in BCE 1 year ago be worth today?

A C$1,000 investment in BCE Inc. (BCE) in 2025 would be worth C$1,107 as of March 2026, representing a +10.7% total return.

What would C$1,000 invested in BCE 3 years ago be worth today?

A C$1,000 investment in BCE Inc. (BCE) in 2023 would be worth C$716 as of March 2026, representing a -28.4% total return.

What would C$1,000 invested in BCE 5 years ago be worth today?

A C$1,000 investment in BCE Inc. (BCE) in 2021 would be worth C$857 as of March 2026, representing a -14.3% total return.

What would C$1,000 invested in BCE 10 years ago be worth today?

A C$1,000 investment in BCE Inc. (BCE) in 2016 would be worth C$1,068 as of March 2026, representing a +6.8% total return.

What would C$1,000 invested in BCE at IPO be worth today?

A C$1,000 investment in BCE Inc. (BCE) at IPO would be worth C$22,455 as of March 2026, representing a +2145.5% total return.

Monthly Returns Heatmap

Avg Monthly Return
+1.04%
Positive Months
208
58% of 358
Negative Months
148
41% of 358
Data Period
29+ years
358 months
Best Performers
Best month ever: Dec 1999 (+32.9%)
Best month on avg: October (+2.2%)
Worst Performers
Worst month ever: Nov 2008 (-28.8%)
Worst month on avg: February (-0.6%)

Over the past 29+ years (358 months), BCE Inc. (BCE) has averaged a monthly return of +1.04% with a median return of +1.10%. The stock had 208 positive months (58%) and 148 negative months (41%). The best month in BCE's history was December 1999 with a +32.9% return, while the worst was November 2008 at -28.8%. Historically, October tends to be the strongest month (averaging +2.2%), and February the weakest (-0.6%).

BCE's longest winning streak was 12 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 1999 with a cumulative return of +93.7%, and the worst was 2008 at -35.8%.

Annual Returns

Over 30 years of trading history, BCE Inc. (BCE) has delivered an average annual return of +13.27% with a median return of +8.18%. The compound annual growth rate (CAGR) is +10.13%. The stock posted gains in 22 years (73%) and losses in 8 years (27%).

BCE's best year was 1999 with a +130.73% gain, while the worst was 2008 at -34.98%. The longest streak of consecutive positive years was 9, and the longest losing streak was 3 years. BCE achieved double-digit gains (10%+) in 14 years. It suffered double-digit losses in 4 years.

Avg Return
+13.27%
Best Year
1999 (+130.73%)
Worst Year
2008 (-34.98%)
Positive Years
22/30
Year Return Start End
2026 +7.18% C$32.74 C$35.09
2025 +5.35% C$31.08 C$32.74
2024 -30.02% C$44.41 C$31.08
2023 -6.21% C$47.35 C$44.41
2022 -4.33% C$49.49 C$47.35
2021 +27.90% C$38.70 C$49.49
2020 -3.92% C$40.27 C$38.70
2019 +17.39% C$34.31 C$40.27
2018 -5.65% C$36.36 C$34.31
2017 +9.18% C$33.31 C$36.36
2016 +13.66% C$29.30 C$33.31
2015 +5.28% C$27.83 C$29.30
2014 +21.76% C$22.86 C$27.83
2013 +13.57% C$20.13 C$22.86
2012 +5.77% C$19.03 C$20.13
2011 +26.82% C$15.01 C$19.03
2010 +28.68% C$11.66 C$15.01
2009 +22.58% C$9.51 C$11.66
2008 -34.98% C$14.63 C$9.51
2007 +31.36% C$11.14 C$14.63
2006 +17.88% C$9.45 C$11.14
2005 +0.79% C$9.38 C$9.45
2004 +4.44% C$8.98 C$9.38
2003 +5.65% C$8.50 C$8.98
2002 -17.56% C$10.31 C$8.50
2001 -14.83% C$12.10 C$10.31
2000 +42.94% C$8.47 C$12.10
1999 +130.73% C$3.67 C$8.47
1998 +24.40% C$2.95 C$3.67
1997 +52.22% C$1.94 C$2.95

BCE Investment Analysis: Valuation, Risk & Dividends

Key factors to consider when evaluating BCE Inc. as an investment

Valuation

BCE currently trades at a trailing P/E ratio of 5.2, which is considered low relative to the broader market. The forward P/E of 13.1 suggests analysts expect earnings to be higher in the coming year. The price-to-book ratio stands at 1.7. The price-to-sales ratio is 1.3.

Dividends

BCE Inc. pays a dividend to shareholders with a current yield of 4.99%. This translates to C$1.75 per share annually. The payout ratio of 34% indicates sustainable dividend coverage.

Risk & Volatility

BCE has a beta of 0.64, indicating it is less volatile than the overall market. The stock's 52-week range is C$28.73 to C$36.25, and it currently trades near its 52-week high.

Analyst Ratings

Based on 17 analyst opinions, BCE has a consensus "buy" rating. The average price target of C$37.38 suggests 6.5% upside from current levels.

Frequently Asked Questions: BCE

What sector is BCE in?

BCE operates in the Communication Services sector, specifically in the Telecom Services industry. This sector includes telecom companies, media firms, and interactive entertainment businesses.

How has BCE performed historically?

Over 30 years of trading history, BCE has posted gains in 22 years (73% of the time). The best year was 1999 with a +130.7% return. Past performance does not guarantee future results.

How can I invest in BCE?

You can invest in BCE through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold BCE.

Does BCE pay dividends?

BCE Inc. pays a dividend to shareholders with a current yield of 4.99%. This translates to C$1.75 per share annually. The payout ratio of 34% indicates sustainable dividend coverage.

What does BCE Inc. do?

BCE Inc. is a Telecom Services company operating in the Communication Services sector. The company is headquartered in Verdun, Canada.

What sector is BCE in?

BCE operates in the Communication Services sector, specifically in the Telecom Services industry.

When did BCE go public?

BCE Inc. went public in 1996, making it a 30-year-old public company as of 2026.

How much would C$1,000 invested in BCE 5 years ago be worth today?

A C$1,000 investment in BCE five years ago would be worth approximately C$856 today, representing a -14.3% return.

How much would C$1,000 invested in BCE 10 years ago be worth today?

A C$1,000 investment in BCE ten years ago would be worth approximately C$1,068 today, representing a 6.8% total return over the decade.

What is BCE's 3-year return?

Over the past 3 years, BCE has returned -28.4%. A C$1,000 investment would have grown to C$716.

How much would C$1,000 invested in BCE at IPO be worth today?

If you invested C$1,000 in BCE at its IPO in 1996, it would be worth approximately C$22,455 today, a 2,145.5% return over 30 years.

Does BCE pay dividends?

Yes, BCE Inc. pays a dividend with a current yield of 4.99%, which is C$1.75 per share annually.

What is BCE's market cap?

BCE Inc. has a market capitalization of C$33 billion, classifying it as a large-cap company.

What is BCE's P/E ratio?

BCE has a trailing P/E ratio of 5.2 and a forward P/E of 13.1, which measures how much investors are paying per dollar of earnings.

Is BCE a buy, hold, or sell?

Based on 17 opinions, BCE has a consensus "buy" rating. The average price target is C$37.38.

Last updated: 3/15/2026