Cogeco Communications Inc. (TSE:CCA) Announces Dividend Increase – $0.99 Per Share

Cogeco Communications Inc. (TSE:CCA) announced a quarterly dividend on Wednesday, November 12th, TickerTech Dividends reports. Shareholders of record on Wednesday, November 26th will be paid a dividend of 0.987 per share on Wednesday, November 26th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Wednesday, November 12th. This is a 7.0% increase from Cogeco Communications’s previous quarterly dividend of $0.92.

Cogeco Communications Trading Up 0.6%

Shares of CCA stock opened at C$64.98 on Monday. The company has a current ratio of 0.37, a quick ratio of 0.49 and a debt-to-equity ratio of 159.35. Cogeco Communications has a twelve month low of C$59.10 and a twelve month high of C$75.09. The company’s 50-day moving average price is C$64.93 and its 200-day moving average price is C$66.24. The stock has a market cap of C$2.74 billion, a price-to-earnings ratio of 8.55, a PEG ratio of 4.77 and a beta of 0.58.

About Cogeco Communications

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services.