Cogeco Communications Inc. operates as a communications corporation in North America. It operates in two segments, Canadian Broadband Services and American Broadband Services. The company offers Internet, video, and telephony services to residential and business customers through its two-way broadband fiber networks. It provides Internet services using modems, Wi-Fi gateways, and extenders either on a rental basis or as part of the Internet service package; video services on a subscription basis; home phone services using Internet protocol (IP); local and long-distance calling services; broadband Internet services; and IP based telephony services and other network connectivity services delivered over fiber optic connection to larger businesses. The company serves the primary service units, Internet, video, and telephony service customers. It offers cable operator services under the Cogeco Connexion name in Québec and Ontario, and in the United States under the Atlantic Broadband brand. The company was formerly known as Cogeco Cable Inc. and changed its name to Cogeco Communications Inc. in January 2016. Cogeco Communications Inc. was founded in 1972 and is headquartered in Montreal, Canada. Cogeco Communications Inc. operates as a subsidiary of Cogeco Inc.
Cogeco Communications Dividend Announcement
• Cogeco Communications announced a quarterly dividend of C$0.92 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-14
• Cogeco Communications annual dividend for 2024 was C$3.48
• Cogeco Communications annual dividend for 2023 was C$3.18
• Cogeco Communications's trailing twelve-month (TTM) dividend yield is 4.97%
• Cogeco Communications's payout ratio for the trailing twelve months (TTM) is 43.26%
• Cogeco Communications's dividend growth over the last five years (2018-2023) was 10.29% year
• Cogeco Communications's dividend growth over the last ten years (2013-2023) was 11.41% year
Cogeco Communications Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | C$0.92 | quarterly | 2024-11-28 |
2024-07-25 | C$0.85 | quarterly | 2024-08-08 |
2024-04-24 | C$0.85 | quarterly | 2024-05-09 |
2024-01-23 | C$0.85 | quarterly | 2024-02-07 |
2023-11-14 | C$0.85 | quarterly | 2023-11-29 |
2023-07-26 | C$0.78 | quarterly | 2023-08-10 |
2023-04-26 | C$0.78 | quarterly | 2023-05-11 |
2023-01-25 | C$0.78 | quarterly | 2023-02-09 |
2022-11-09 | C$0.78 | quarterly | 2022-11-24 |
2022-07-26 | C$0.70 | quarterly | 2022-08-10 |
2022-04-26 | C$0.70 | quarterly | 2022-05-11 |
2022-01-26 | C$0.70 | quarterly | 2022-02-10 |
2021-11-24 | C$0.70 | quarterly | 2021-12-09 |
2021-07-27 | C$0.64 | quarterly | 2021-08-11 |
2021-04-26 | C$0.64 | quarterly | 2021-05-11 |
2021-01-27 | C$0.64 | quarterly | 2021-02-11 |
2020-11-09 | C$0.64 | quarterly | 2020-11-24 |
2020-07-27 | C$0.58 | quarterly | 2020-08-11 |
2020-04-20 | C$0.58 | quarterly | 2020-05-05 |
2020-01-27 | C$0.58 | quarterly | 2020-02-11 |
2019-11-12 | C$0.58 | quarterly | 2019-11-27 |
2019-07-23 | C$0.53 | quarterly | 2019-08-07 |
2019-04-22 | C$0.53 | quarterly | 2019-05-07 |
2019-01-23 | C$0.53 | quarterly | 2019-02-07 |
2018-11-13 | C$0.53 | quarterly | 2018-11-28 |
2018-07-24 | C$0.47 | quarterly | 2018-08-08 |
2018-04-25 | C$0.47 | quarterly | 2018-05-10 |
2018-01-23 | C$0.47 | quarterly | 2018-02-07 |
2017-11-15 | C$0.47 | quarterly | 2017-11-30 |
2017-07-25 | C$0.43 | quarterly | 2017-08-10 |
2017-04-18 | C$0.43 | quarterly | 2017-05-04 |
2017-01-23 | C$0.43 | quarterly | 2017-02-08 |
2016-11-14 | C$0.43 | quarterly | 2016-11-30 |
2016-07-18 | C$0.39 | quarterly | 2016-08-03 |
2016-04-25 | C$0.39 | quarterly | 2016-05-11 |
2016-01-22 | C$0.39 | quarterly | 2016-02-09 |
2015-11-06 | C$0.39 | quarterly | 2015-11-25 |
2015-07-24 | C$0.35 | quarterly | 2015-08-11 |
2015-04-20 | C$0.35 | quarterly | 2015-05-06 |
2015-01-23 | C$0.35 | quarterly | 2015-02-10 |
2014-11-12 | C$0.35 | quarterly | 2014-11-28 |
2014-07-21 | C$0.30 | quarterly | 2014-08-06 |
2014-04-21 | C$0.30 | quarterly | 2014-05-07 |
2014-01-23 | C$0.30 | quarterly | 2014-02-10 |
2013-11-08 | C$0.30 | quarterly | 2013-11-27 |
2013-07-22 | C$0.26 | quarterly | 2013-08-07 |
2013-04-22 | C$0.26 | quarterly | 2013-05-08 |
2013-01-24 | C$0.26 | quarterly | 2013-02-11 |
Cogeco Communications Dividend per year
Cogeco Communications Dividend growth
Cogeco Communications Dividend Yield
Cogeco Communications current trailing twelve-month (TTM) dividend yield is 4.97%. Interested in purchasing Cogeco Communications stock? Use our calculator to estimate your expected dividend yield:
Cogeco Communications Financial Ratios
Cogeco Communications Dividend FAQ
Other factors to consider when evaluating Cogeco Communications 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 Communications'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 Communications 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 Communications 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 Communications 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 Communications 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 Communications 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 Communications 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 Communications'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 Communications'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.