Cogeco Communications Inc (TSE:CCA) declared a quarterly dividend on Tuesday, January 23rd, TickerTech reports. Investors of record on Wednesday, February 7th will be paid a dividend of 0.475 per share on Wednesday, February 7th. This represents a $1.90 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Tuesday, January 23rd.

Shares of Cogeco Communications (CCA) traded down C$0.51 during trading on Thursday, reaching C$77.48. 93,732 shares of the company were exchanged, compared to its average volume of 85,624. The company has a market cap of $3,850.00, a PE ratio of 12.81 and a beta of 0.71. Cogeco Communications has a 52 week low of C$68.69 and a 52 week high of C$95.21.

Cogeco Communications (TSE:CCA) last announced its quarterly earnings results on Wednesday, January 10th. The company reported C$1.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$1.52 by C$0.02. Cogeco Communications had a net margin of 12.93% and a return on equity of 18.11%.

A number of equities analysts recently issued reports on CCA shares. BMO Capital Markets reiterated a “market perform” rating and issued a C$94.00 price target on shares of Cogeco Communications in a research note on Monday, November 6th. Canaccord Genuity lowered shares of Cogeco Communications from a “buy” rating to a “hold” rating and upped their price target for the company from C$89.00 to C$93.00 in a research report on Monday, November 6th. TD Securities raised shares of Cogeco Communications from a “reduce” rating to a “hold” rating and set a C$87.00 price target for the company in a research report on Thursday, December 21st. Scotiabank reaffirmed an “outperform” rating and set a C$102.00 price target on shares of Cogeco Communications in a research report on Monday, November 6th. Finally, National Bank Financial upped their price target on shares of Cogeco Communications from C$92.00 to C$96.00 and gave the company a “sector perform” rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of C$88.95.

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About Cogeco Communications

Cogeco Communications Inc, formerly Cogeco Cable Inc, is a Canada-based communications company. The Company provides residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks. The Company operates through three segments: Canadian broadband services, American broadband services and Business information and communications technology (Business ICT) services.

Dividend History for Cogeco Communications (TSE:CCA)

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