Cogeco Communications Inc. Plans Quarterly Dividend of $0.99 (TSE:CCA)

Cogeco Communications Inc. (TSE:CCA) announced a quarterly dividend on Wednesday, July 29th, TickerTech Dividends reports. Shareholders of record on Wednesday, August 12th will be given a dividend of 0.987 per share on Wednesday, August 12th. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, July 29th.

Cogeco Communications Stock Performance

Shares of Cogeco Communications stock opened at C$60.66 on Monday. The firm has a fifty day moving average of C$64.21 and a two-hundred day moving average of C$66.83. The company has a debt-to-equity ratio of 241.79, a quick ratio of 0.49 and a current ratio of 0.47. The stock has a market capitalization of C$2.55 billion, a price-to-earnings ratio of -2.30, a PEG ratio of 4.77 and a beta of 0.93. Cogeco Communications has a 52 week low of C$60.27 and a 52 week high of C$77.40.

Cogeco Communications (TSE:CCA) last posted its quarterly earnings results on Wednesday, July 15th. The company reported C$2.35 earnings per share (EPS) for the quarter. Cogeco Communications had a negative return on equity of 38.76% and a negative net margin of 39.56%.The business had revenue of C$696.68 million for the quarter. As a group, equities research analysts predict that Cogeco Communications will post 8.4900498 EPS for the current year.

Cogeco Communications Company Profile

Cogeco Communications Inc is a leading telecommunications provider committed to bringing people together through powerful communications and entertainment experiences. We provide world-class Internet, wireless, video and wireline phone services to 1.6 million residential and business subscribers in Canada and thirteen states in the United States. Our services are marketed under the Cogeco and oxio brands in Canada, and under the Breezeline brand in the U.S. We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future.