Money
Why I'd Choose This Dividend Stock Over Telus or BCE Any Day
— Ai Summary —
Brookfield Asset Management’s 4.25% yield may look modest next to Telus’s 10% dividend, but it appears more sustainable. Telus yields around 10% with a $1.67 annual payout on a $16.56 share price, while BCE yields about 5.1% after a prior cut. Canadian telcos face heavy capital expenditure, limited pricing power, and shrinking traditional TV revenue, complicating dividend durability. Brookfield Asset Management is a global alternative asset manager with about $1 trillion in assets under management and billions in committed but un-invested capital. In 2024, BAM reportedly carried about $106 billion of dry powder, and the company continues to deploy capital with a sizable buffer.
AI-generated summary • Source: The Motley Fool Canada • Read the full article for complete information.






