Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Communications and Other. The Communications segment provides a range of Internet, video, and telephony services through its two-way broadband fiber networks primarily to residential customers, as well as to small and medium sized businesses under the Cogeco Connexion name in Quebec and Ontario; and Atlantic Broadband brand in the United States. The Other segment owns and operates 23 radio stations with complementary radio formats and coverage serving a range of audiences primarily across the province of Québec; and Cogeco News, a news agency. It serves primary service units, Internet, video, and telephony service customers. The company was incorporated in 1957 and is headquartered in Montreal, Canada.
Cogeco Dividend Announcement
• Cogeco announced a quarterly dividend of $0.67 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-14
• Cogeco annual dividend for 2024 was $2.54
• Cogeco annual dividend for 2023 was $2.26
• Cogeco's trailing twelve-month (TTM) dividend yield is 8.17%
• Cogeco's payout ratio for the trailing twelve months (TTM) is 38.03%
• Cogeco's dividend growth over the last five years (2018-2023) was 19.03% year
Cogeco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.67 | quarterly | 2024-11-28 |
2024-07-25 | $0.62 | quarterly | 2024-08-08 |
2024-04-24 | $0.62 | quarterly | 2024-05-09 |
2024-01-23 | $0.63 | quarterly | 2024-02-07 |
2023-11-14 | $0.62 | quarterly | 2023-11-29 |
2023-07-26 | $0.56 | quarterly | 2023-08-10 |
2023-04-26 | $0.54 | quarterly | 2023-05-11 |
2023-01-25 | $0.55 | quarterly | 2023-02-09 |
2022-11-09 | $0.54 | quarterly | 2022-11-24 |
2022-04-26 | $0.49 | quarterly | 2022-05-11 |
2022-01-26 | $0.49 | quarterly | 2022-02-10 |
2021-11-24 | $0.49 | quarterly | 2021-12-09 |
2021-07-27 | $0.43 | quarterly | 2021-08-11 |
2021-04-26 | $0.44 | quarterly | 2021-05-11 |
2021-01-27 | $0.43 | quarterly | 2021-02-11 |
2020-11-09 | $0.42 | quarterly | 2020-11-24 |
2020-07-27 | $0.35 | quarterly | 2020-08-11 |
2020-04-20 | $0.34 | quarterly | 2020-05-05 |
2020-01-27 | $0.36 | quarterly | 2020-02-11 |
2019-11-12 | $0.36 | quarterly | 2019-11-27 |
2019-07-23 | $0.33 | quarterly | 2019-08-07 |
2019-04-22 | $0.32 | quarterly | 2019-05-07 |
2018-11-13 | $0.03 | quarterly | 2018-11-28 |
2018-07-24 | $0.30 | quarterly | 2018-08-08 |
2018-04-25 | $0.30 | quarterly | 2018-05-10 |
2018-01-23 | $0.31 | quarterly | 2018-02-07 |
2017-11-15 | $0.31 | quarterly | 2017-11-30 |
2017-07-25 | $0.27 | quarterly | 2017-08-10 |
2017-04-18 | $0.26 | quarterly | 2017-05-04 |
2017-01-23 | $0.26 | quarterly | 2017-02-08 |
2016-11-14 | $0.25 | quarterly | |
2016-07-18 | $0.23 | quarterly | |
2016-04-25 | $0.23 | quarterly | |
2016-01-22 | $0.21 | quarterly | |
2015-11-06 | $0.22 | quarterly | |
2015-07-24 | $0.20 | quarterly | |
2015-04-20 | $0.21 | quarterly | |
2015-01-23 | $0.21 | quarterly | |
2014-11-12 | $0.23 | quarterly | |
2014-07-21 | $0.20 | quarterly | |
2014-04-21 | $0.20 | quarterly | |
2014-01-23 | $0.20 | quarterly |
Cogeco Dividend per year
Cogeco Dividend growth
Cogeco Dividend Yield
Cogeco current trailing twelve-month (TTM) dividend yield is 8.17%. Interested in purchasing Cogeco stock? Use our calculator to estimate your expected dividend yield:
Cogeco Financial Ratios
Cogeco Dividend FAQ
Other factors to consider when evaluating Cogeco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cogeco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cogeco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cogeco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cogeco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cogeco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cogeco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cogeco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cogeco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cogeco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.