Posted on 21/04/07
The identity crisis that will change the TSX
BCE Inc. is the bluest of Canadian blue chips. The telecom holding company's roots can be traced back to 1877, when Alexander Graham Bell's father, Melville Bell, landed his first telephone customer -- the prime minister. In one form or another, the company's stock has been a staple of the Canadian market for more than a century. Its track record as a generous, reliable dividend payer -- it has the second-highest dividend yield of any common stock on the S&P/TSX 60 index -- has helped make it the single most popular holding in investment portfolios of regular-Joe Canadians from coast to coast.
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