BCE reports 2023 Q4 and full-year results, announces 2024 financial targets and 3.1% annual dividend increase to $3.99 per share
"BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.
- "BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.
- Adjusted net earnings were up 5.7% in Q4 to $691 million, delivering a 7.0% increase in adjusted EPS to $0.76.
- BCE capital expenditures in Q4 were $1,029 million, down 37.2% from $1,638 million in Q4 last year, corresponding to a capital intensity13 of 15.9%, compared to 25.4% in Q4 2022.
- For Q4 2023, Bell Media was ranked number one in full-day viewership in the French-language entertainment and pay specialty market.