Exhibit 16 gives quarterly dividend data for Canadian telecommunications company BCE Inc. (NYSE: BCE) and semiannual dividend

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Exhibit 16 gives quarterly dividend data for Canadian telecommunications company BCE Inc. (NYSE: BCE) and semiannual dividend data for the ADRs of BT Group

(NYSE: BT), formerly British Telecom.

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i. Given a price per share for BCE of \($42.70\)  during 4Q:2013, calculate this company’s trailing dividend yield.

ii. Given a price per ADR for BT of \($55.30\)  during 4Q:2013, calculate the trailing dividend yield for the ADRs.

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Related Book For  book-img-for-question

Equity Asset Valuation

ISBN: 9781119850519

3rd Edition

Authors: Jerald E Pinto, CFA Institute

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