Rogers Communications (TSE:RCI – Get Free Report) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Investors 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 yield of ∞. The ex-dividend date of this dividend is Monday, December 9th.
Rogers Communications Stock Performance
Rogers Communications (TSE:RCI – Get Free Report) last posted its earnings results on Wednesday, July 24th. The company reported C$1.16 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 Upgrades and Downgrades
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.
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