Rogers Communications Announces Quarterly Dividend of $0.50 (TSE:RCI)

Rogers Communications (TSE:RCIGet Free Report) declared a quarterly dividend on Tuesday, July 23rd, Zacks reports. Investors of record on Monday, September 9th will be paid a dividend of 0.50 per share on Thursday, October 3rd. This represents a $2.00 annualized dividend and a dividend yield of ∞. The ex-dividend date is Monday, September 9th.

Rogers Communications Stock Performance

Rogers Communications (TSE:RCIGet Free Report) last posted its earnings results on Wednesday, July 24th. The company reported C$1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.12 by C$0.04. The firm had revenue of C$5.09 billion during the quarter, compared to the consensus estimate of C$5.11 billion.

Analyst Ratings Changes

Separately, Canaccord Genuity Group downgraded shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 25th.

Read Our Latest Report on RCI

See Also

Dividend History for Rogers Communications (TSE:RCI)

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