Cogeco Communications Inc. (CCA) to Issue Quarterly Dividend of $0.99 on May 7th

Cogeco Communications Inc. (TSE:CCA) announced a quarterly dividend on Thursday, April 23rd, TickerTech Dividends reports. Shareholders of record on Thursday, May 7th will be paid a dividend of 0.987 per share on Thursday, May 7th. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Thursday, April 23rd.

Cogeco Communications Stock Down 0.2%

Shares of CCA traded down C$0.12 during mid-day trading on Tuesday, hitting C$63.21. 16,393 shares of the company’s stock were exchanged, compared to its average volume of 201,289. The company has a market cap of C$2.66 billion, a PE ratio of 8.50, a P/E/G ratio of 4.77 and a beta of 0.89. Cogeco Communications has a 52 week low of C$60.89 and a 52 week high of C$77.40. The company has a 50-day simple moving average of C$69.91 and a 200 day simple moving average of C$67.77. The company has a debt-to-equity ratio of 141.57, a current ratio of 0.47 and a quick ratio of 0.49.

Cogeco Communications (TSE:CCA) last issued its quarterly earnings results on Thursday, April 9th. The company reported C$1.96 earnings per share for the quarter. The company had revenue of C$693.56 million during the quarter. Cogeco Communications had a net margin of 11.13% and a return on equity of 9.93%. On average, research analysts forecast that Cogeco Communications will post 8.4900498 earnings per share for the current fiscal year.

About Cogeco Communications

Cogeco Communications Inc is a leading telecommunications provider committed to bringing people together through powerful communications and entertainment experiences. We provide world-class Internet, wireless, video and wireline phone services to 1.6 million residential and business subscribers in Canada and thirteen states in the United States. Our services are marketed under the Cogeco and oxio brands in Canada, and under the Breezeline brand in the U.S. We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future.