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Dividend Reinvestment Plan | BCE Inc.
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class="federal-bar-mobile"> <li> <div> <a id="languageSelector-mobile" class="js-current-language footer-header-current-language" href="#" lang ="fr" hreflang="fr" data-vanityurl="/investisseurs/info-actionnaires/regime-reinvestissement-dividendes" data-alternative="fr" role="button"> Français </a> </div> </li> <li> <div> <a href="/Accessibility_services" >Accessibility</a> </div> </li> </ul> </nav> <div class="connector-settings"> <!-- add d-md-block class when the project starts --> <!-- GlobalNavBlue_withSearch --> <div class="connector-search-wrap"> <!-- Coveo Search Starts --> <div id="connector-search" class="CoveoSearchbox" data-enable-omnibox="true" data-enable-partial-match="true" data-partial-match-keywords="4" data-partial-match-threshold="75%"> </div> <!-- Coveo Search Ends --> </div> <!-- GlobalNavBlue_withSearch ends --> </div> </div> </div> <div id="initial-lang-reigon-backdrop"></div> <div class="connector-active-lob modified-secondary-navigation mobile-secondary-navigation " role="navigation" aria-label="Secondary"> <div class="container"> <div id="msn-left" tabindex="0" class="msn-button" role="button" aria-label="Previous"></div> <a href="/investors" class="bellSlim section-link" aria-current="true"> Investors </a> <div class="link-container"> <ul class="clearfix"> <li class="" aria-current="false"> <a href="/investors/overview">Overview</a> </li> <li class="" aria-current="false"> <a href="/investors/invest-in-bce">Invest in BCE</a> </li> <li class="" aria-current="false"> <a href="/investors/shares-and-dividends">Shares and dividends</a> </li> <li class="" aria-current="false"> <a href="/investors/financial-reports">Financial reports</a> </li> <li class="" aria-current="false"> <a href="/investors/events">Events</a> </li> <li class="active" aria-current="page"> <a href="/investors/shareholder-info">Shareholder info</a> </li> <li class="" aria-current="false"> <a href="/investors/bonds">Bonds</a> </li> </ul> </div> <div id="msn-right" tabindex="0" class="msn-button" role="button" aria-label="Next"></div> </div> </div> </div> </header> <div id="accept-terms-read-report" class="modal fade scrollable-body accept-terms-read-report js-focus-modal-trap" role="dialog" tabindex="-1" data-backdrop="true" data-keyboard="true" aria-labelledby="accept-terms-read-report-title"> <div class="modal-dialog"> <div class="modal-content" role="document"> <div class="modal-header"> <h2 class="bellSlimBlack txtSize24 margin-b-0 txtBlack2" id="accept-terms-read-report-title"> Caution regarding forward-looking statements</h2> <button type="button" class="close" data-dismiss="modal" aria-label="close dialog" data-url="#"><span class="icon icon-close txtBlue txtSize20"></span></button> </div> <div class="modal-body scrollAdjust"> <p class="margin-b-30">The following webpages contain forward-looking statements including, without limitation, statements relating to BCE’s dividend growth objective, 2024 annualized common share dividend and dividend payout ratio level, and dividend payout policy target, BCE’s anticipated capital expenditures, network deployment plans and the benefits expected to result therefrom, our transformation initiatives and restructuring and the benefits expected to result therefrom, our ESG objectives and the benefits expected to result therefrom (which include, without limitation, our objectives concerning diversity, equity, inclusion and belonging (DEIB), customer experience, energy savings, circular economy and waste reduction, community investment, privacy and information security, network reliability, corporate governance and ethical business conduct leadership, reductions in the level of our GHG emissions including, without limitation, our carbon neutrality (scope 1 and 2 only) target and our science-based targets, and our carbon abatement objectives), the expected impacts on our company of various climate-related events, business opportunities that could result from climate change, BCE’s business outlook, objectives, plans and strategic priorities, and other statements that do not refer to historical facts. A statement we make is forward-looking when it uses what we know and expect today to make a statement about the future. Forward-looking statements are typically identified by the words <em>assumption, goal, guidance, objective, outlook, project, strategy, target, commitment</em> and other similar expressions or future or conditional verbs such as <em>aim, anticipate, believe, could, expect, intend, may, plan, seek, should, strive</em> and <em>will</em>. All such forward-looking statements are made pursuant to the safe harbour provisions of applicable Canadian securities laws and of the United States (U.S.) <em>Private Securities Litigation Reform Act of 1995</em>.</p> <p class="margin-b-30">Unless otherwise indicated by us, forward-looking statements in the following webpages describe our expectations as at March 7, 2024 and, accordingly, are subject to change after that date. Except as may be required by applicable securities laws, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in, or implied by, such forward-looking statements and that our business outlook, objectives, plans and strategic priorities may not be achieved. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. Forward-looking statements are presented in the following webpages for the purpose of assisting readers in understanding our objectives, strategic priorities and business outlook as well as our anticipated operating environment. Readers are cautioned, however, that such information may not be appropriate for other purposes.</p> <p class="margin-b-30">We have made certain economic, market, operational and other assumptions in preparing the forward-looking statements contained in the following webpages, which include, without limitation, the assumptions described in the subsections of the BCE 2023 Annual MD&A entitled <em>Assumptions</em>, which subsections are incorporated by reference in this cautionary statement. Subject to various factors, we believe that our assumptions were reasonable at March 7, 2024. If our assumptions turn out to be inaccurate, actual results or events could be materially different from what we expect.</p> <p class="margin-b-30">Important risk factors that could cause actual results or events to differ materially from those expressed in, or implied by, the previously-mentioned forward-looking statements and other forward-looking statements contained in the following webpages, include, but are not limited to, the risks described in section 9, <em>Business risks</em> of the BCE 2023 Annual MD&A, which section is incorporated by reference in this cautionary statement.</p> <p class="margin-b-30">Forward-looking statements contained in the following webpages for periods beyond 2024 involve longer-term assumptions and estimates than forward-looking statements for 2024 and are consequently subject to greater uncertainty. They assume, unless otherwise indicated, that the relevant assumptions and risks described in the BCE 2023 Annual MD&A will remain substantially unchanged during such periods.</p> <p class="margin-b-30">We caution readers that the risk factors described in the previously-mentioned section and in other sections of the BCE 2023 Annual MD&A are not the only ones that could affect us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may also have a material adverse effect on our business, financial condition, liquidity, financial results or reputation. We regularly consider potential acquisitions, dispositions, mergers, business combinations, investments, monetizations, joint ventures and other transactions, some of which may be significant. Except as otherwise indicated by us, forward-looking statements do not reflect the potential impact of any such transactions or of special items that may be announced or that may occur after March 7, 2024. The financial impact of these transactions and special items can be complex and depends on facts particular to each of them. We therefore cannot describe the expected impact in a meaningful way, or in the same way we present known risks affecting our business.</p> </div> <div class="modal-footer"> <a class="btn btn-default col1-xs " role="button" href="/2023-integrated-report"> Agree and continue</a> </div> </div> </div> </div> <style> header.standard-outline .global-navigation .menu-flyout-visible .sub-nav-group.accss-focus-blue a:focus::before { border-color: #00549a !important; } </style> <main id="maincontent"> <div class="liquid-container bgGray19"> <div class="spacer45 spacer30-xs" aria-hidden="true"></div> <div class="liquid-container container"> <div class="row noMargin"> <div class="col-12 no-pad"> <h1 class="txtBlack2 txtSize32 txtSize24-xs bellSlimBlack txtBold noMargin" id="pageNavLabel">Shareholder info</h1> </div> </div> </div> </div> <div class="liquid-container bgGray19"> <div class="spacer30" aria-hidden="true"></div> <div class="liquid-container container overflow-x-auto-xs bce-inpage-navigation modified-bce-inpage-navigation"> <div class="row noMargin"> <div class="col-12 no-pad bce-tablist" role="navigation" aria-labelledby="pageNavLabel"> <ul class="noBullets d-flex justify-content-start"> <li class="active pad-30-right" aria-current="true"> <a href="/investors/shareholder-info/dividend-reinvestment-plan" target="_self" class="txtSize18 txtSize14-xs txtBlue txtUnderline active"> <div class="txtSize18">Dividend Reinvestment Plan</div> </a> </li> <li class=" pad-30-right" aria-current="false"> <a href="/investors/shareholder-info/administrative-aspects" target="_self" class="txtSize18 txtSize14-xs txtBlue txtUnderline linkUnderline "> <div role=presentation class="txtSize18">Administrative aspects</div> </a> </li> <li class=" pad-30-right" aria-current="false"> <a href="/investors/shareholder-info/corporate-actions" target="_self" class="txtSize18 txtSize14-xs txtBlue txtUnderline linkUnderline "> <div role=presentation class="txtSize18">Corporate actions</div> </a> </li> <li class=" pad-30-right" aria-current="false"> <a href="/investors/shareholder-info/calculate-your-cost" target="_self" class="txtSize18 txtSize14-xs txtBlue txtUnderline linkUnderline "> <div role=presentation class="txtSize18">Calculate your cost</div> </a> </li> <li class=" pad-30-right" aria-current="false"> <a href="/investors/shareholder-info/tax-aspects" target="_self" class="txtSize18 txtSize14-xs txtBlue txtUnderline linkUnderline "> <div role=presentation class="txtSize18">Tax aspects</div> </a> </li> <li class=" pad-30-right" aria-current="false"> <a href="/investors/shareholder-info/documents-request-and-electronic-delivery" target="_self" class="txtSize18 txtSize14-xs txtBlue txtUnderline linkUnderline "> <div role=presentation class="txtSize18">Request documents</div> </a> </li> </ul> </div> </div> </div> </div> <div class="container liquid-container"> <div class="scrollable-area"> <div class="row noMargin flex-direction-row-reverse"> <div class="col-12 col-sm-3 col-md-4 relative"> <!-- Nav Scroll --> <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="subnav-scroll"> <div class="subnav-wrap"> <div class="d-block d-sm-none txtSize18 txtBlack2 pad-30-left pad-30-right margin-10-bottom"> Jump to: </div> <div role="navigation" aria-label="DRP"> <ul class="subnavgroup"> <li class="listStyleNone" data-section="scrollable-content-1"> <a href="#scrollable-content-1" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Shareholder Dividend Reinvestment and Stock Purchase Plan </a> </li> <li class="listStyleNone" data-section="scrollable-content-2"> <a href="#scrollable-content-2" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Quarterly purchase prices since implementation of the Plan </a> </li> <li class="listStyleNone" data-section="scrollable-content-3"> <a href="#scrollable-content-3" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Transfer agent and administrator of the Plan </a> </li> <li class="listStyleNone" data-section="scrollable-content-4"> <a href="#scrollable-content-4" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Advantages of the Plan </a> </li> <li class="listStyleNone" data-section="scrollable-content-5"> <a href="#scrollable-content-5" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Who can enroll? </a> </li> <li class="listStyleNone" data-section="scrollable-content-6"> <a href="#scrollable-content-6" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Optional Cash Payments </a> </li> <li class="listStyleNone" data-section="scrollable-content-7"> <a href="#scrollable-content-7" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Deadline for Optional Cash Payments (in cash) </a> </li> <li class="listStyleNone" data-section="scrollable-content-8"> <a href="#scrollable-content-8" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Withdrawal or Sale of Plan Shares </a> </li> <li class="listStyleNone" data-section="scrollable-content-9"> <a href="#scrollable-content-9" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Price of Common Shares purchased for the Plan </a> </li> <li class="listStyleNone" data-section="scrollable-content-10"> <a href="#scrollable-content-10" role="button" class="txtDecorationNoneHover txtSize14 txtBlue txtUnderline txtBold"> Terminate your participation </a> </li> </ul> </div> </div> </div> </div> <div class="col-12 col-sm-9 col-md-8 pad-45-right no-pad-xs"> <!-- CONTENT --> <div class="scrollable-contents"> <div id=""> <div id="scrollable-content-1" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Shareholder Dividend Reinvestment and Stock Purchase Plan</h2> <div class="spacer25" aria-hidden="true"></div> <p>BCE’s Shareholder Dividend Reinvestment and Stock Purchase (Plan) provides a convenient method for eligible holders of BCE Common Shares to automatically reinvest dividends into additional Common Shares without having to pay brokerage commissions, fees or service charges. Participants may also make Optional Cash Payments in the form of cash or dividends on BCE preferred shares to be applied toward the purchase of additional Common Shares under the Plan (maximum $40,000 per year and minimum $100 per transaction) without having to pay brokerage commissions, fees or service charges. All amounts referred to herein are in Canadian dollars.</p> <p>On November 18, 2024, BCE amended the Plan to permit, at the discretion of the board of directors of BCE, the issuance of new Common Shares from treasury at a discount of up to 5% to the Average Market Price (as defined hereafter). Average Market Price means the volume weighted average trading price of the Common Shares for the five trading days immediately preceding the applicable Dividend Payment Date. BCE anticipates that commencing with the dividend payable on January 15, 2025 to eligible holders of Common Shares as of the December 16, 2024 record date, and subsequently until further notice, Common Shares will be issued from treasury at a Discount of 2% to the Average Market Price.</p> <p>All registered holders of BCE Common Shares resident of Canada or the United States will receive an enrollment form to enroll into the Plan. In order to participate in time for the dividend payable on January 15, 2025, enrollment forms from registered holders of Common Shares must be received by TSX Trust Company, the agent of the Plan, before the close of business on December 16, 2024.</p> <p><strong><u>Existing participants under the Plan are not required to take any action to maintain participation in the Plan</u></strong>. Existing participants under the Plan will automatically have the Discount applied to the reinvestment of the dividend payable to holders of Common Shares on January 15, 2025. </p> <ul class="noBullets simplelist align-icon-text "> <li> <span class="icon icon-download txtSize16 pad-10-right txtBlue txtNoUnderline" aria-hidden="true"></span> <div> <a href="/assets/news-and-media/2024-drp-press-release.pdf" target="_blank" rel="noopener noreferrer" class="txtBlue txtBold"> Press release: BCE implements amendments to its Shareholder Dividend Reinvestment Plan to permit discount for treasury issuances </a> <div aria-hidden="true" class="pl-0 d-inline-block">(PDF 180 Ko - Nov. 18, 2024)</div> </div> </li> <li> <span class="icon icon-download txtSize16 pad-10-right txtBlue txtNoUnderline" aria-hidden="true"></span> <div> <a href="/investors/dividends/2024-amendments-dividend-reinvestment-plan.pdf" target="_blank" rel="noopener noreferrer" class="txtBlue txtBold" aria-label="Download Notice to participants - Amendments to the Plan (PDF 340 Ko - Nov. 18, 2024)"> Notice to participants - Amendments to the Plan </a> <div aria-hidden="true" class="pl-0 d-inline-block">(PDF 340 Ko - Nov. 18, 2024)</div> </div> </li> <li> <span class="icon icon-download txtSize16 pad-10-right txtBlue txtNoUnderline" aria-hidden="true"></span> <div> <a href="/investors/dividends/2024-drp-offering-circular.pdf" target="_blank" rel="noopener noreferrer" class="txtBlue txtBold" aria-label="Download the 2024 offering circular (Canadian residents) (PDF 276 KB - Nov. 18, 2024)"> Download the 2024 Offering Circular (Canadian residents) </a> <div aria-hidden="true" class="pl-0 d-inline-block">(PDF 276 KB - Nov. 18, 2024)</div> </div> </li> <li> <span class="icon icon-download txtSize16 pad-10-right txtBlue txtNoUnderline" aria-hidden="true"></span> <div> <a href="/investors/dividends/2024-prospectus-reinvestment-and-purchase-plan.pdf" target="_blank" rel="noopener noreferrer" class="txtBlue txtBold" aria-label="Download the 2024 Prospectus (U.S. residents) (PDF 231 KB - Nov. 18, 2024)"> Download the 2024 Prospectus (U.S. residents) </a> <div aria-hidden="true" class="pl-0 d-inline-block">(PDF 231 KB - Nov. 18, 2024)</div> </div> </li> </ul> </div> </div> </div> <div id=""> <div id="scrollable-content-2" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Quarterly purchase prices since implementation of the Plan</h2> <div class="spacer25" aria-hidden="true"></div> <ul class="noBullets simplelist align-icon-text"> <li> <span class="icon icon-download txtSize16 pad-10-right txtBlue txtNoUnderline" aria-hidden="true"></span> <div> <a href="/investors/dividends/2024-october-drp-historical-purchase-price-1975-now.pdf" target="_blank" rel="noopener noreferrer" class="txtBlue txtBold" aria-label="Download the Plan quarterly purchase prices PDF file (PDF 184 KB - November 12, 2024)"> Download the Plan quarterly purchase prices PDF file </a> <div aria-hidden="true" class="pl-0 d-inline-block">(PDF 184 KB - November 12, 2024)</div> </div> </li> </ul> </div> </div> </div> <div id=""> <div id="scrollable-content-3" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Transfer agent and administrator of the Plan</h2> <div class="spacer25" aria-hidden="true"></div> <p class="margin-30-bottom"> For more information on how to enroll in the Plan or any other inquiries, contact the transfer agent and administrator of the Plan (Agent) of the Plan: </p> <p><strong>TSX Trust Company</strong></p> <p>301 – 100 Adelaide St. West<br> Toronto, Ontario<br> M5H 4H1</p> <p><strong>Telephone:</strong> 1-800-561-0934 (Toll free in Canada and the U.S.)<br> 416-682-3861</p> <p><strong>Fax:</strong> 1-888-249-6189 (Toll free in Canada and the U.S.)<br> 514-985-8843<br> <strong>Email:</strong> <a href="mailto:bce@tmx.com">bce@tmx.com</a></p> <p>If you are a registered shareholder and want to enroll in the plan, request a package to the <a href="/investors/shareholder-info/dividend-reinvestment-plan#scrollable-content-3">Agent of the Plan</a> or download the <a href="https://www.tsxtrust.com/bce/drip)" target="_blank" rel="noopener noreferrer">enrollment form</a>.</p> </div> </div> </div> <div id=""> <div id="scrollable-content-4" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Advantages of the Plan</h2> <div class="spacer25" aria-hidden="true"></div> <ul class="unordered-list-with-number-space"> <li>Convenience of having cash dividends automatically reinvested into Common Shares, instead of receiving cash payments.</li> <li>Ability to purchase Common Shares without having to pay brokerage commissions, fees or service charges; shares may be offered by BCE at a discount of up to 5% from the Average Market Price at BCE’s sole discretion if purchases of Common Shares are made by way of Treasury Purchases. </li> <li>The Average Market Price will be the volume weighted average trading price of the Common Shares on the Toronto Stock Exchange during the five trading days immediately preceding the relevant Dividend Payment Date.</li> <li>Commencing with the previously declared dividend payable on January 15, 2025 to eligible holders of Common Shares as of the December 16, 2024 record date, and subsequently until further notice, Common Shares distributed under the Plan will be issued from treasury at a discount of 2% to the Average Market Price. The discount will not apply to purchases made pursuant to Optional Cash Payments.</li> <li>Full reinvestment of cash dividends, as the Plan allows fractions of Common Shares and cash dividends on those fractions to be included in your account.</li> <li>Participants in the Plan may also make Optional Cash Payments, in the form of cash or dividends on BCE preferred shares, to purchase additional Common Shares. Optional Cash Payments in the form of cash shall not be less than $100 per transaction nor greater than $40,000 in each 12-month period ending on the last Business Day preceding the Dividend Payment Date in October of each year.</li> <li>Optional Cash Payments in the form of dividends on BCE preferred shares are subject to a separate limit of $40,000 in each 12-month period ending on the last Business Day preceding the Dividend Payment Date in October of each year.</li> <li>Convenient tracking of your Plan Shares with quarterly statements of account.</li> <li>Ability to withdraw and/or sell any number of Plan Shares at any time for a reasonable administrative cost without terminating your participation in the Plan.</li> <li>Ability to terminate your participation in the Plan at any time without penalty.</li> </ul> </div> </div> </div> <div id=""> <div id="scrollable-content-5" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Who can enroll?</h2> <div class="spacer25" aria-hidden="true"></div> <p><strong>Any registered holder of Common Shares</strong> resident in <a href="/investors/dividends/2024-drp-offering-circular.pdf" aria-label="Download the Offering Circular (Canadian residents) (PDF 276 KB - Nov. 18, 2024)">Canada</a> or the <a href="/investors/dividends/2024-prospectus-reinvestment-and-purchase-plan.pdf" aria-label="Download the Prospectus (U.S. residents) (PDF 231 KB - Nov. 18, 2024)">United States</a> may participate in the Plan. Registered holders of Common Shares resident in jurisdictions other than Canada or the United States are not eligible to enroll in the Plan. </p> <p><strong>Existing participants in the Plan</strong> will automatically have the discount applied to the reinvestment of the dividend payable to holders of Common Shares on January 15, 2025. Registered shareholders of Common Shares resident in Canada or the United States wishing to join the Plan can obtain an enrollment form at <a href="http://www.tsxtrust.com/bce/drip" target="_blank" rel="noopener noreferrer">www.tsxtrust.com/bce/drip</a>, or by contacting the Agent (Tel: 1‑800‑561‑0934 (Toll free in Canada and the U.S.) or <a href="mailto:bce@tmx.com">bce@tmx.com</a>). In order to participate in time for the dividend payable on January 15, 2025, enrollment forms from registered holders of Common Shares must be received by the Agent before the close of business on December 16, 2024.</p> <p><strong>Beneficial owners of Common Shares</strong> (shareholders who hold their shares through a financial institution, broker or other intermediary) should consult with the intermediary to determine how to participate in the Plan. The administrative practices and requirements of intermediaries vary and, accordingly, the various dates by which actions must be taken under the Plan and the documentary requirements set out in the Plan may not be the same for beneficial owners as for registered holders. Some intermediaries may require beneficial owners to become registered holders in order to participate in the Plan. There may be a fee charged by the intermediary for beneficial non-registered shareholders to become registered shareholders, which will not be paid by BCE or by the Agent. </p> <p>If you are a registered shareholder and want to enroll in the Plan, request a package to the <a class="txtUnderline" href="/investors/shareholder-info/dividend-reinvestment-plan#scrollable-content-3">Agent of the Plan</a> or download the <a class="txtUnderline" target="_blank" rel="noopener noreferrer" href="https://www.tsxtrust.com/bce/drip)" target="_blank" rel="noopener noreferrer">enrollment form<span class="sr-only"> opens in a new window</span></a>.</p> </div> </div> </div> <div id=""> <div id="scrollable-content-6" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Optional Cash Payments</h2> <div class="spacer25" aria-hidden="true"></div> <p>You must be enrolled in the Plan in order to be eligible to make Optional Cash Payments. You can make Optional Cash Payments in cash or in dividends on BCE preferred shares that you hold. </p> <p>To make an Optional Cash Payment in cash, fill in the <a href="https://www.tsxtrust.com/bce/drip" target="_blank" rel="noopener noreferrer" class="txtUnderline">Optional Cash Payment form<span class="sr-only"> opens in a new window</span><span class="icon2 icon-external-link pad-l-5" aria-hidden="true"></a> and send it to the Agent together with a cheque payable to the Agent. No third-party cheques are accepted. To make an Optional Cash Payment in dividends on BCE preferred shares, fill in the applicable authorization form and send it to the Agent. Currently, it is not possible to enroll to make an Optional Cash Payment by pre-authorized debit; but BCE reserves the right to and may implement such feature at a later time. </p> <p>Optional Cash Payments can vary with respect to each Dividend Payment Date and there is no obligation to make continuing cash payments. Payments in cash must be at least $100 per transaction and may not exceed $40,000 per 12-month period ending on the last Business Day preceding the Dividend Payment Date in October each year. Optional Cash Payments in the form of dividends on BCE preferred shares are subject to a separate limit of $40,000 for each 12-month period ending on the last Business Day preceding the Dividend Payment Date in October of each year. </p> <p>BCE may from time to time in its sole discretion approve a discount of up to 5% on the price of Common Shares issued pursuant to a Treasury Purchase. However, the Discount, if any, will not apply to purchases made pursuant to Optional Cash Payments. </p> <p>All Optional Cash Payments made in U.S. dollars to the Agent will be converted into Canadian dollars by the Agent based on the exchange rate in effect at the time of conversion. For the purposes of calculating the limits on Optional Cash Payments, the amount converted in Canadian dollars will be used.</p> <p><strong>The Agent is required under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) to collect and record certain information relating to Optional Cash Payments. Participants wishing to make Optional Cash Payments may be required to complete a participant declaration form and to comply with the Agent’s requirements in this respect.</strong></a> </p> </div> </div> </div> <div id=""> <div id="scrollable-content-7" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Deadline for Optional Cash Payments (in cash)</h2> <div class="spacer25" aria-hidden="true"></div> <p>Optional Cash Payments in cash must be at least $100 per transaction and may not exceed $40,000 per 12-month period ending on the last Business Day preceding the Dividend Payment Date in October each year. Optional Cash Payments in the form of dividends on BCE preferred shares are subject to a separate limit of $40,000 for each 12-month period ending on the last Business Day preceding the Dividend Payment Date in October of each year. </p> <p><strong>Cheques must be dated and received by the Agent at least five Business Days preceding the Dividend Payment Date in order for such payments to be accepted for investment at the Dividend Payment Date. Any cheques dated or received on or after such date will be held by the Agent for investment until the next Dividend Payment Date. </strong></p> <p>Optional Cash Payment cheques are to be received no later than: </p> <table class="table bce-table Column_Table_Container_w_captions two-column bgGray19" role="grid" aria-label="Deadline for cash contributions"> <thead class="flex"> <tr class="bgBlue txtWhite flex fullWidth"> <th scope="col" class="col-6 d-flex align-items-center"> <span>Investment date</span> </th> <th scope="col" class="col-6 d-flex align-items-center"> <span>Deadline to receive Optional Cash Payments</span> </th> </tr> </thead> <!-- Two Column Table Body --> <tbody class="flex flex-wrap"> <tr class=" flex fullWidth"> <td class="col-6 d-flex align-items-center"> <span>November 18, 2024* <span class="sr-only">Dividends are subject to confirmation by the board of directors of BCE Inc</span> (Monday)</span> </td> <td class="col-6 d-flex align-items-center"> <span>November 11, 2024 (Monday)</span> </td> </tr> <tr class=" flex fullWidth"> <td class="col-6 d-flex align-items-center"> <span>January 15, 2025** <span class="sr-only">Dividends are subject to confirmation by the board of directors of BCE Inc</span> (Wednesday)</span> </td> <td class="col-6 d-flex align-items-center"> <span>January 8, 2025 (Wednesday)</span> </td> </tr> <tr class=" flex fullWidth"> <td class="col-6 d-flex align-items-center"> <span>April 15, 2025** <span class="sr-only">Subject to dividends being declared by the board of directors of BCE Inc.</span> (Tuesday)</span> </td> <td class="col-6 d-flex align-items-center"> <span>April 8, 2025 (Tuesday)</span> </td> </tr> <tr class=" flex fullWidth"> <td class="col-6 d-flex align-items-center"> <span>July 15, 2025** <span class="sr-only">Dividends are subject to confirmation by the board of directors of BCE IncSubject to dividends being declared by the board of directors of BCE Inc.</span> (Tuesday)</span> </td> <td class="col-6 d-flex align-items-center"> <span>July 8, 2025 (Tuesday)</span> </td> </tr> <tr class=" flex fullWidth"> <td class="col-6 d-flex align-items-center"> <span>October 15, 2025** <span class="sr-only">Dividends are subject to confirmation by the board of directors of BCE IncSubject to dividends being declared by the board of directors of BCE Inc.</span>(Wednesday)</span> </td> <td class="col-6 d-flex align-items-center"> <span>October 7, 2025 (Tuesday)</span> </td> </tr> </tbody> <!-- Two Column Table Body Ends --> </table> <p class="txtSize12 txtDarkGrey margin-20-top" aria-hidden="true">* Last monthly reinvestment - Starting in 2025, per the new amendments made to the Plan, the reinvestment will be on quarterly dividend payment dates.<br> ** Subject to dividends being declared by the board of directors of BCE Inc.</p> </div> </div> </div> <div id=""> <div id="scrollable-content-8" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Withdrawal or Sale of Plan Shares</h2> <div class="spacer25" aria-hidden="true"></div> <p>A participant may withdraw or sell whole Common Shares from the participant’s account under the Plan by completing the request to withdraw or sell shares form, enclosed with each quarterly statement of account and mailing it to the Agent, or by providing similar written notice to the Agent.</p> <p>Upon receipt of a request for withdrawal of shares, the Agent will withdraw the specified number of whole shares from the participant’s account and issue a direct registration system advice (“DRS Advice”) to the participant. A share certificate in lieu of a DRS Advice will only be issued upon specific request in writing of the same to the Agent. The DRS Advices or certificates will normally be forwarded within three weeks of receipt of the request.</p> <p>If the participant requested the sale of the shares, the Agent will sell the specified number of whole shares on behalf of the participant through a stock broker designated by the Agent as soon as possible following receipt of the instruction to do so. The Agent will pay the proceeds of such sale, less brokerage commissions and transfer taxes, if any, to the participant by cheque. Cheques will normally be issued within three Business Days from the completion of the sale.</p> <p>Common Shares that are to be sold may be commingled with Common Shares being sold for other participants, in which case the proceeds to each such participant will be based on the average sales price of all Common Shares so commingled. </p> </div> </div> </div> <div id=""> <div id="scrollable-content-9" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Price of Common Shares purchased for the Plan</h2> <div class="spacer25" aria-hidden="true"></div> <p>The price of the shares will depend on whether the Agent buys the shares through a stock exchange or directly from BCE:</p> <ul class="unordered-list-with-number-space"> <li>if the Agent buys the shares through a stock exchange, the price for the shares will be the average cost paid by the Agent for all the shares acquired for the purposes of the Plan in respect of a Dividend Payment Date.</li> <li>if the Agent buys the shares directly from BCE, the price for the shares will be the Average Market Price.</li> <li>In either case, you will pay no brokerage commissions on purchases. </li> </ul> <p>Commencing with the previously declared dividend payable on January 15, 2025 to eligible holders of Common Shares as of the December 16, 2024 record date, and subsequently until further notice, Common Shares distributed under the Plan will be issued from treasury at a Discount of 2% to the Average Market Price. The Discount will not apply to purchases made pursuant to Optional Cash Payments. </p> <p><strong>Quarterly statements are a participant’s record of the cost and number of shares purchased and should be retained for income tax purposes.</strong> In addition, each participant will receive annually from the Agent the appropriate tax information for reporting dividends paid on Common Shares held under the Plan.</p> </div> </div> </div> <div id=""> <div id="scrollable-content-10" > <!-- Need for the space --> <div class="spacer45 d-none d-sm-block" aria-hidden="true"></div> <div class="spacer30 d-block d-sm-none" aria-hidden="true"></div> <!-- Need for the space --> <div class="title_with_link_list standard-outline-direct"> <h2 class="txtSize24 txtBlack2 bellSlimBlack margin-20-bottom"> Terminate your participation</h2> <div class="spacer25" aria-hidden="true"></div> <p>A participant may terminate their participation in the Plan at any time by completing the termination request enclosed with each quarterly statement of account and sending it to the Agent or by providing similar written notice to the Agent.</p> <p><strong>If a termination request is received by the Agent less than five Business Days before the Dividend Record Date, the participant’s account will not be closed until after the corresponding Dividend Payment Date and the corresponding dividend reinvestment has been completed.</strong></p> <p>Upon termination of participation in the Plan, a participant may request the Agent to either</p> <ul class="unordered-list-with-number-space"> <li>issue a DRS Advice for all the whole shares and a cheque payment for any fraction of a Common Share and/or uninvested Optional Cash Payment; or</li> <li>sell all the Common Shares held by the Agent for the participant’s account. </li> </ul> <p>If the participant requested the sale of the shares, the Agent will sell the shares through a stock broker as soon as practicable following receipt of the request. The Agent will not process any sale requests until participation in the Plan has been terminated and the participant’s account has been closed (which, depending on the date on which the termination request was received by the Agent, may take up to six weeks).</p> <p>Following the sale of the shares, the Agent will pay the proceeds of such sale, less brokerage commissions and transfer taxes, if any, to the participant by cheque. </p> </div> </div> </div> <span class="spacer5 clear d-block" aria-hidden="true"></span> </div> </div> </div> </div> <div class="spacer50" aria-hidden="true"></div> </div> <div id="shareholder-drp-lightbox" class="modal fade scrollable-body shareholder-drp-lightbox js-focus-modal-trap" role="dialog" tabindex="-1" data-backdrop="true" data-keyboard="true" aria-labelledby="shareholder-drp-lightbox-title"> <div class="modal-dialog"> <div class="modal-content" role="document"> <div class="modal-header"> <h2 class="bellSlimBlack txtSize24 margin-b-0 txtBlack2" id="shareholder-drp-lightbox-title">Amendments to Dividend Reinvestment Plan</h2> <button type="button" class="close" data-dismiss="modal" aria-label="close dialog" data-url="#"><span class="icon icon-close txtBlue txtSize20"></span></button> </div> <div class="modal-body scrollAdjust"> <p class="margin-b-30">As of November 18, 2024, BCE has implemented amendments to its Shareholder Dividend Reinvestment and Stock Purchase Plan (DRP) to permit for the issuance of new common shares from treasury at a discount. A 2% discount will apply starting with the reinvestment of the dividend payable on January 15, 2025 to eligible holders of common shares as of the December 16, 2024 record date. The discount will not apply to purchases made pursuant to optional cash payments.</p> <p class="margin-b-30">Existing participants in the DRP are not required to take any action; the discount will automatically be applied to the reinvestment of their dividends. </p> <p class="margin-b-30">Registered shareholders and beneficial owners of BCE shares wishing to participate in the DRP should consult the information on this page. </p> </div> <div class="modal-footer"> <a class="btn btn-default col1-xs close2" role="button" href="#">Continue</a> </div> </div> </div> </div> </main> <link rel="stylesheet" type="text/css" href="/styles/BRF3/app.css?v=XV_kjGuxOhGwdZdme6znLR36uuUFGT8Mv2LFekZwHZU1"> <script defer src="/scripts/BRF3/bottom.js?v=E585QVAvBGkZuTnTyBCGTfpLWSMxurh0d1V9816nPw81"></script> <div data-searchbox="endpoint: https%3A%2F%2Fapigate.bell.ca%2Fchannelbceext%2Fcoveo,panel: connector-mobile-bar,trigger: connector-search-button,connector: connector-search,interface: 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