Robert Allan Schwartz's dividend growth company information web site

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Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: BCE INC (BCE)

This page shows only data up to the final business day of 2018.

Additional financial information for this company can be found at:
Total number of dividends paid: 135.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly135
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January35
February0
March0
April34
May0
June0
July33
August0
September0
October33
November0
December0

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued1
Omitted0

Dividends per share by year:

Companies that declare a dividend late in one calendar year, might pay it early in the next calendar year.
This page will show both dividends declared per year, as well as dividends paid per year, in case the latter makes it look as if there was a freeze or a decrease.
The second column shows dividends declared per year.
The third column shows the increase in dividends declared from one year to the next.
The fourth column shows dividends paid per year.
The fifth column shows the increase in dividends paid from one year to the next.

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends declaredIncrease from previous yearDividends paidIncrease from previous yearCompound annual growth rate to 2018 fromBumpiness to 2018 fromMean to 2018 fromStandard deviation to 2018 from
1982$ 1.08743 (4)$ 0.80328 (3) 3.712%There is no useful bumpiness for this year0.000%0.000
1983$ 1.15027 (4) 5.779%$ 1.13661 (4) 41.496% 2.795%There is no useful bumpiness for this year0.000%0.000
1984$ 1.20492 (4) 4.751%$ 1.19126 (4) 4.808% 2.737%There is no useful bumpiness for this year0.000%0.000
1985$ 0.00000 (0) -100.000%$ 0.31148 (1) -73.853% 7.086%There is no useful bumpiness for this year0.000%0.000
1986$ 0.00000 (0)NO CHANGE$ 0.00000 (0) -100.000%The dividend for this year was zeroThere is no useful bumpiness for this year0.000%0.000
1987$ 0.33333 (1)PREVIOUS YEAR's WAS ZERO$ 0.00000 (0)NO CHANGEThe dividend for this year was zeroThere is no useful bumpiness for this year0.000%0.000
1988$ 1.33880 (4) 301.640%$ 1.33333 (4)PREVIOUS YEAR's WAS ZERO 2.721% 224.622%22.236
1989$ 1.36066 (4) 1.633%$ 1.35519 (4) 1.640% 2.758% 234.725%22.609
1990$ 1.38251 (4) 1.606%$ 1.37705 (4) 1.613% 2.799% 234.836%23.001
1991$ 1.40437 (4) 1.581%$ 1.39891 (4) 1.587% 2.844% 234.956%23.415
1992$ 1.42623 (4) 1.556%$ 1.42076 (4) 1.562% 2.894% 245.087%23.851
1993$ 1.44809 (4) 1.533%$ 1.44262 (4) 1.539% 2.948% 245.229%24.313
1994$ 1.46995 (4) 1.509%$ 1.46448 (4) 1.515% 3.009% 255.383%24.802
1995$ 1.48634 (4) 1.115%$ 1.48634 (4) 1.493% 3.075% 255.553%25.322
1996$ 1.48634 (4)NO CHANGE$ 1.48634 (4)NO CHANGE 3.217% 265.805%25.863
1997$ 1.48634 (4)NO CHANGE$ 1.48634 (4)NO CHANGE 3.373% 266.081%26.440
1998$ 1.48634 (4)NO CHANGE$ 1.48634 (4)NO CHANGE 3.544% 276.386%27.057
1999$ 1.48634 (4)NO CHANGE$ 1.48634 (4)NO CHANGE 3.734% 286.722%27.719
2000$ 1.35519 (4) -8.824%$ 1.39891 (4) -5.882% 4.297% 287.422%28.314
2001$ 1.31148 (4) -3.226%$ 1.31148 (4) -6.250% 4.953% 298.226%28.935
2002$ 1.31148 (4)NO CHANGE$ 1.31148 (4)NO CHANGE 5.270% 308.740%29.750
2003$ 1.31148 (4)NO CHANGE$ 1.31148 (4)NO CHANGE 5.631% 319.323%30.637
2004$ 1.31148 (4)NO CHANGE$ 1.31148 (4)NO CHANGE 6.046% 329.989%31.607
2005$ 1.44262 (4) 10.000%$ 1.40984 (4) 7.500% 5.934% 3310.180%32.793
2006$ 1.38131 (4) -4.250%$ 1.41197 (4) 0.151% 6.431% 3411.016%33.998
2007$ 1.46000 (4) 5.697%$ 1.42500 (4) 0.923% 6.947% 3511.934%35.368
2008$ 0.73000 (2) -50.000%$ 0.73000 (2) -48.772% 15.115% 3118.004%31.154
2009$ 2.01500 (5) 176.027%$ 1.54000 (4) 110.959% 7.623% 37.676%3.420
2010$ 1.84250 (4) -8.561%$ 1.73250 (4) 12.500% 7.028% 37.073%3.144
2011$ 2.09500 (4) 13.704%$ 1.98500 (4) 14.574% 5.991% 16.001%1.452
2012$ 1.67750 (3) -19.928%$ 2.17000 (4) 9.320% 5.447% 15.448%0.563
2013$ 2.33000 (4) 38.897%$ 2.31500 (4) 6.682% 5.201% 05.201%0.123
2014$ 2.47000 (4) 6.009%$ 2.43500 (4) 5.184% 5.206% 05.206%0.137
2015$ 2.60000 (4) 5.263%$ 2.56750 (4) 5.441% 5.127% 05.127%0.014
2016$ 2.73200 (4) 5.077%$ 2.69900 (4) 5.122% 5.130% 05.130%0.017
2017$ 2.87200 (4) 5.124%$ 2.83700 (4) 5.113% 5.146% 05.146%0.000
2018$ 3.02000 (4) 5.153%$ 2.98300 (4) 5.146%

What price should you pay today if you wanted last year's dividends ($ 2.98300) to represent a yield of X%?

YieldPrice
0.5%$596.60
1.0%$298.30
1.5%$198.87
2.0%$149.15
2.5%$119.32
3.0%$ 99.43
3.5%$ 85.23
4.0%$ 74.57
4.5%$ 66.29
5.0%$ 59.66
5.5%$ 54.24
6.0%$ 49.72
6.5%$ 45.89
7.0%$ 42.61
7.5%$ 39.77
8.0%$ 37.29
8.5%$ 35.09
9.0%$ 33.14
9.5%$ 31.40
10.0%$ 29.83

Copyright @ 2019 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal and http://www.dividendinvestor.com.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.