Rogers Communications (RCI) to Issue Quarterly Dividend of $0.50 on January 3rd

Rogers Communications (TSE:RCIGet Free Report) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Shareholders of record on Monday, December 9th will be paid a dividend of 0.50 per share on Friday, January 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, December 9th.

Rogers Communications Stock Performance

Rogers Communications (TSE:RCIGet Free Report) last posted its quarterly earnings data 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 company had revenue of C$5.09 billion for the quarter, compared to analyst estimates of C$5.11 billion.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on Rogers Communications

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Dividend History for Rogers Communications (TSE:RCI)

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