Rogers Communications Inc. Plans Quarterly Dividend of $0.50 (TSE:RCI.A)

Posted by Rob Hiaasen on Sep 7th, 2024

Rogers Communications Inc. (TSE:RCI.A – Get Free Report) announced a quarterly dividend on Monday, September 9th, TickerTech reports. Investors of record on Thursday, October 3rd will be given a dividend of 0.50 per share on Thursday, October 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Monday, September 9th.

Rogers Communications Price Performance

Shares of TSE RCI.A opened at C$55.62 on Friday. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65. Rogers Communications has a one year low of C$50.50 and a one year high of C$64.95. The firm has a market capitalization of C$6.18 billion, a P/E ratio of 34.12, a PEG ratio of 0.95 and a beta of 0.62. The company’s fifty day moving average is C$54.96 and its two-hundred day moving average is C$56.88.

Analyst Upgrades and Downgrades

Separately, CIBC reduced their price target on shares of Rogers Communications from C$77.00 to C$76.00 in a research report on Monday, July 8th.

Read Our Latest Stock Report on Rogers Communications

Rogers Communications Company Profile

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Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.