Rogers Communications (TSE:RCI – Get Free Report) declared a quarterly dividend on Tuesday, July 23rd, Zacks reports. Shareholders of record on Monday, September 9th will be given a dividend of 0.50 per share on Thursday, October 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Monday, September 9th.
Rogers Communications Price Performance
Rogers Communications (TSE:RCI – Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The company reported C$1.16 earnings per share for the quarter, beating the consensus estimate of C$1.12 by C$0.04. The company had revenue of C$5.09 billion during the quarter, compared to the consensus estimate of C$5.11 billion.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group lowered Rogers Communications from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 25th.
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