Top 5 Canadian Dividend Aristocrats to Buy Now

2. BCE Inc. (NYSE:BCE)

Number of Hedge Fund Holders: 11

Dividend Yield: 6.1%

Number of Years of Dividend Growth: 14

BCE Inc. (NYSE:BCE) is an integrated telecommunication services company, and next on our list of the top Canadian dividend aristocrats to buy now because of its whopping dividend yield of over 6%. The company operates through its Bell Wireless, Bell Wireline, and Bell Media segments to provide wireless, wireline, internet, and television services to consumers across Canada.

Jerome Dubreuil, an analyst as Desjardins, reiterated a Hold rating on the stock just this May.

BCE Inc. (NYSE:BCE) had an EPS of $0.7 in the fiscal first quarter of 2022, beating estimates by $0.06. The company’s revenue was $4.6 billion.

Our hedge fund data shows 11 hedge funds long BCE Inc. (NYSE:BCE) in the first quarter of 2022, with a total stake value of $77.7 million.