Canaccord Genuity Group downgraded shares of Rogers Communications (TSE:RCI – Free Report) from a strong-buy rating to a hold rating in a research note released on Thursday, Zacks.com reports.
Rogers Communications Stock Performance
Rogers Communications (TSE:RCI – Get Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The company reported C$0.99 EPS for the quarter, topping the consensus estimate of C$0.98 by C$0.01. The company had revenue of C$4.90 billion during the quarter, compared to the consensus estimate of C$4.94 billion.
Rogers Communications Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Monday, September 9th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of ∞. The ex-dividend date is Monday, September 9th.
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