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

Posted by Stephan Jacobs on Sep 7th, 2024

Rogers Communications Inc. (TSE:RCI.A – Get Free Report) announced a quarterly dividend on Monday, September 9th, TickerTech reports. Stockholders of record on Thursday, October 3rd will be paid 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 3.60%. The ex-dividend date is Monday, September 9th.

Rogers Communications Price Performance

Shares of Rogers Communications stock opened at C$55.62 on Friday. Rogers Communications has a 1 year low of C$50.50 and a 1 year high of C$64.95. The firm has a market cap of C$6.18 billion, a price-to-earnings ratio of 34.12, a PEG ratio of 0.95 and a beta of 0.62. The company has a 50-day moving average of C$54.96 and a 200 day moving average of C$56.88. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58.

Analysts Set New Price Targets

Separately, CIBC dropped their target price on Rogers Communications from C$77.00 to C$76.00 in a research report on Monday, July 8th.

Read Our Latest Research Report on Rogers Communications

Rogers Communications Company Profile

(Get Free Report)

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.