Rogers Communications (TSE:RCI) Plans $0.50 Quarterly Dividend

Rogers Communications (TSE:RCI) announced a quarterly dividend on Wednesday, October 23rd, Zacks reports. Stockholders of record on Wednesday, December 11th will be given a dividend of 0.50 per share on Thursday, January 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Tuesday, December 10th.

Rogers Communications (TSE:RCI) last released its quarterly earnings data on Wednesday, October 23rd. The company reported C$1.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$1.31 by C($0.12). The business had revenue of C$3.75 billion for the quarter, compared to analysts’ expectations of C$3.85 billion.

In other Rogers Communications news, Director Bonnie Brooks acquired 1,200 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The shares were purchased at an average price of C$61.88 per share, with a total value of C$74,256.00. Following the completion of the transaction, the director now owns 7,687 shares in the company, valued at C$475,671.56.

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Dividend History for Rogers Communications (TSE:RCI)

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