Don’t Fall for BCE’s Dividend: Buy This Monthly High-Yield ETF Instead
Back in January, I covered BCE Inc. (TSX:BCE) and flagged its sky-high dividend that wasn’t covered by distributable cash flow. At the time, the stock was yielding close to 12%, and I remember thinking, “Whoever buys this right now is a sucker. It’s going to be cut.” Sure enough, in May, BCE slashed the quarterly…