Rogers Communications (TSE:RCI – Get Free Report) Director David Alan Robinson acquired 675 shares of the stock in a transaction dated Thursday, October 31st. The stock was bought at an average price of C$50.88 per share, with a total value of C$34,344.68. Following the purchase, the director now directly owns 675 shares in the company, valued at C$34,344.68.
Rogers Communications Stock Performance
Rogers Communications Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Monday, December 9th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Monday, December 9th.
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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