Cogeco Communications Inc. (TSE:CCA) to Issue Dividend Increase – $0.99 Per Share

Cogeco Communications Inc. (TSE:CCA) declared a quarterly dividend on Wednesday, November 12th, TickerTech Dividends reports. Shareholders of record on Wednesday, November 26th will be paid a dividend of 0.987 per share on Wednesday, November 26th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, November 12th. This is a 7.0% increase from Cogeco Communications’s previous quarterly dividend of $0.92.

Cogeco Communications Price Performance

CCA stock opened at C$64.98 on Monday. Cogeco Communications has a 1 year low of C$59.10 and a 1 year high of C$75.09. The company has a debt-to-equity ratio of 159.35, a current ratio of 0.37 and a quick ratio of 0.49. The business has a 50 day simple moving average of C$64.93 and a 200-day simple moving average of C$66.24. The firm has a market capitalization of C$2.74 billion, a PE ratio of 8.55, a price-to-earnings-growth ratio of 4.77 and a beta of 0.58.

Cogeco Communications Company Profile

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services.