Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
Cogent Communications Dividend Announcement
• Cogent Communications announced a quarterly dividend of $0.99 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-22
• Cogent Communications annual dividend for 2024 was $3.92
• Cogent Communications annual dividend for 2023 was $3.76
• Cogent Communications's trailing twelve-month (TTM) dividend yield is 5.12%
• Cogent Communications's payout ratio for the trailing twelve months (TTM) is 475.57%
• Cogent Communications's dividend growth over the last five years (2018-2023) was 12.14% year
• Cogent Communications's dividend growth over the last ten years (2013-2023) was 17.34% year
Cogent Communications Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-22 | $0.99 | quarterly | 2024-12-06 |
| 2024-08-22 | $0.98 | quarterly | 2024-09-06 |
| 2024-05-22 | $0.97 | quarterly | |
| 2024-03-14 | $0.96 | quarterly | 2024-04-09 |
| 2023-11-22 | $0.95 | quarterly | 2023-12-08 |
| 2023-08-23 | $0.94 | quarterly | 2023-09-08 |
| 2023-05-17 | $0.94 | quarterly | 2023-06-02 |
| 2023-03-09 | $0.93 | quarterly | 2023-03-24 |
| 2022-11-17 | $0.92 | quarterly | 2022-12-02 |
| 2022-08-17 | $0.91 | quarterly | 2022-08-31 |
| 2022-05-12 | $0.88 | quarterly | 2022-05-27 |
| 2022-03-08 | $0.85 | quarterly | 2022-03-25 |
| 2021-11-18 | $0.83 | quarterly | 2021-12-03 |
| 2021-08-19 | $0.81 | quarterly | 2021-09-03 |
| 2021-05-13 | $0.78 | quarterly | 2021-05-28 |
| 2021-03-11 | $0.76 | quarterly | 2021-03-26 |
| 2020-11-19 | $0.73 | quarterly | 2020-12-04 |
| 2020-08-20 | $0.70 | quarterly | 2020-09-04 |
| 2020-05-21 | $0.68 | quarterly | 2020-06-05 |
| 2020-03-12 | $0.66 | quarterly | 2020-03-27 |
| 2019-11-21 | $0.64 | quarterly | 2019-12-09 |
| 2019-08-22 | $0.62 | quarterly | 2019-09-09 |
| 2019-05-16 | $0.60 | quarterly | 2019-05-31 |
| 2019-03-07 | $0.58 | quarterly | 2019-03-29 |
| 2018-11-15 | $0.56 | quarterly | 2018-11-30 |
| 2018-08-16 | $0.54 | quarterly | 2018-08-31 |
| 2018-05-16 | $0.52 | quarterly | 2018-06-01 |
| 2018-03-08 | $0.50 | quarterly | 2018-03-26 |
| 2017-11-16 | $0.48 | quarterly | 2017-12-04 |
| 2017-08-16 | $0.46 | quarterly | 2017-09-01 |
| 2017-05-16 | $0.44 | quarterly | 2017-06-02 |
| 2017-03-08 | $0.42 | quarterly | 2017-03-24 |
| 2016-11-18 | $0.40 | quarterly | 2016-12-09 |
| 2016-08-17 | $0.38 | quarterly | 2016-09-09 |
| 2016-05-18 | $0.37 | quarterly | 2016-06-07 |
| 2016-03-08 | $0.36 | quarterly | 2016-03-24 |
| 2015-11-18 | $0.35 | quarterly | 2015-12-11 |
| 2015-08-19 | $0.34 | quarterly | 2015-09-11 |
| 2015-05-20 | $0.42 | quarterly | 2015-06-12 |
| 2015-03-09 | $0.32 | quarterly | 2015-03-26 |
| 2014-11-24 | $0.31 | quarterly | 2014-12-12 |
| 2014-08-27 | $0.30 | quarterly | 2014-09-19 |
| 2014-05-28 | $0.17 | quarterly | 2014-06-18 |
| 2014-03-05 | $0.39 | quarterly | 2014-03-27 |
| 2013-11-25 | $0.37 | quarterly | 2013-12-20 |
| 2013-09-03 | $0.14 | quarterly | 2013-09-25 |
| 2013-05-29 | $0.13 | quarterly | 2013-06-18 |
| 2013-02-28 | $0.12 | quarterly | 2013-03-15 |
Cogent Communications Dividend per year
Cogent Communications Dividend growth
Cogent Communications Dividend Yield
Cogent Communications current trailing twelve-month (TTM) dividend yield is 5.12%. Interested in purchasing Cogent Communications stock? Use our calculator to estimate your expected dividend yield:
Cogent Communications Financial Ratios
P/E ratio92.18
PEG ratio2.91
P/B ratio11.22
ROE8.52%
Payout ratio475.57%
Current ratio2.03
Quick ratio2.03
Cash Ratio0.99
Cogent Communications Dividend FAQ
How much is the next Cogent Communications dividend?
Cogent Communications's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cogent Communications dividend. The next Cogent Communications dividend will be released in March, May, August, or November.
When is Cogent Communications dividend paid?
Cogent Communications pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cogent Communications pay?
The specific amount of Cogent Communications dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cogent Communications's dividend history.
Does Cogent Communications stock pay dividends?
Yes, Cogent Communications does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cogent Communications's dividend history.
How much dividend does Cogent Communications pay?
Cogent Communications paid $3.92 in 2024, $3.76 in 2023, $3.555 in 2022, $3.17 in 2021, and $2.775 in 2020.
How often does Cogent Communications pay dividends?
Cogent Communications typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Cogent Communications's dividend yield?
The current dividend yield for Cogent Communications is 5.12%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cogent Communications's exact dividend yield.
When does Cogent Communications go ex dividend?
Cogent Communications's ex-dividend date for the latest dividend was on 2024-11-22. Cogent Communications typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cogent Communications dividend paid?
Cogent Communications pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Cogent Communications increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cogent Communications will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cogent Communications dividend per share?
Cogent Communications paid $3.92 per share in 2024 and $3.76 per share in 2023. The amount of dividend per share that Cogent Communications pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cogent Communications a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cogent Communications a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cogent Communications a dividend stock?
Yes, Cogent Communications is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cogent Communications a good dividend stock?
Whether Cogent Communications is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cogent Communications has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Cogent 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.
Other factors to consider when evaluating Cogent 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.
Does Cogent Communications pay dividends monthly?
Cogent Communications typically pays dividends on a quarterly basis.
Does Cogent Communications pay dividends quarterly?
Cogent Communications currently pays dividends on a quarterly basis.
Has Cogent Communications ever paid a dividend?
Yes, Cogent Communications has a history of paying dividends to its shareholders. Cogent Communications is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cogent Communications dividend stocks?
To buy Cogent Communications you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Cogent Communications stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Cogent Communications stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Cogent Communications pay dividends 2024?
Cogent Communications pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cogent Communications increase its dividend in 2024?
Decisions regarding Cogent Communications dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cogent Communications dividend overview you can look into the above table of dividend history.
How Cogent Communications dividend works?
The Cogent Communications dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cogent Communications's dividend process works:
1. Determination of Dividend: Cogent 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, Cogent 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, Cogent 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 Cogent 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. Determination of Dividend: Cogent 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, Cogent 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, Cogent 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 Cogent 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.
How are Cogent Communications dividends paid?
Cogent Communications dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Cogent 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, Cogent 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: Cogent 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.
1. Record Date: Cogent 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, Cogent 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: Cogent 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.
How many times does Cogent Communications pay dividends?
Cogent Communications typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cogent Communications pay dividends?
The general pattern is that Cogent Communications pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cogent Communications dividend safe?
The safety of Cogent Communications's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Cogent 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 Cogent 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.
To assess the safety of Cogent 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 Cogent 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.