Cogeco Communications Stock

Cogeco Communications Dividend 2024

Cogeco Communications Dividend

3.18 CAD

Cogeco Communications Dividend yield

4.87 %

Ticker

CCA.TO

ISIN

CA19239C1068

WKN

A2ADTM

How much dividend does Cogeco Communications 2024 pay?

According to the latest status from September 2024, Cogeco Communications paid a total of 3.18 CAD per share in dividends within the last 12 months. With the current Cogeco Communications price of 65.33 CAD, this corresponds to a dividend yield of 4.87 %. A dividend is paid times per year.

4.87 % Dividend Yield=
3.18 CAD Dividend
65.33 CAD Stock Price

Historical Cogeco Communications Dividends

A dividend is paid times per year. Last year, the payout months were February, May, August and December.

PaydateDividend
8/25/20240.85
5/24/20240.85
2/23/20240.85
12/14/20230.85
8/26/20230.78
5/26/20230.78
2/25/20230.78
12/9/20220.78
8/26/20220.71
5/26/20220.71
2/26/20220.71
12/24/20210.71
8/27/20210.64
5/26/20210.64
2/27/20210.64
12/9/20200.64
8/27/20200.58
5/20/20200.58
2/27/20200.58
12/12/20190.58
1
2
3
4
5
...
6

Cogeco Communications dividend history and estimates

In 2023, Cogeco Communications paid a dividend amounting to 3.18 CAD. Dividend means that Cogeco Communications distributes a portion of its profits to its owners.
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Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Cogeco Communications provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Cogeco Communications’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Cogeco Communications's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Cogeco Communications Dividend History

DateCogeco Communications Dividend
2027e3.52 CAD
2026e3.52 CAD
2025e3.52 CAD
2024e3.52 CAD
20233.18 CAD
20222.89 CAD
20212.63 CAD
20202.38 CAD
20192.16 CAD
20181.95 CAD
20171.77 CAD
20161.6 CAD
20151.44 CAD
20141.25 CAD
20131.08 CAD
20121.01 CAD
20110.79 CAD
20100.59 CAD
20090.5 CAD
20080.42 CAD
20070.3 CAD
20060.16 CAD
20050.12 CAD
20040.07 CAD

Is the Cogeco Communications Dividend Safe?

Cogeco Communications has been increasing the dividend for 20 years.

Over the past 10 years, Cogeco Communications has increased it by an annual 11.411 %.

Over a five-year period, the distribution increased by 10.289%.

Analysts expect a Dividend Increase of 5.14% for the current fiscal year.

Cogeco Communications dividend payout ratio

In 2023, Cogeco Communications had a payout ratio of 31.36%. The payout ratio indicates the percentage of the company's profits that Cogeco Communications distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Cogeco Communications represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Cogeco Communications could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Cogeco Communications's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Cogeco Communications Payout Ratio History

DateCogeco Communications Payout ratio
2027e31.49 %
2026e31.46 %
2025e31.55 %
2024e31.47 %
202331.36 %
202231.81 %
202131.25 %
202031.03 %
201925.84 %
201827.66 %
201729.27 %
2016-41.34 %
201527.59 %
201429.34 %
201328.57 %
201222 %
2011-84.95 %
201018.27 %
2009-9.4 %
200815.38 %
200715.46 %
20069.82 %
200516.67 %
2004-8.95 %

Dividend Details

Understanding Cogeco Communications's Dividend Distributions

Cogeco Communications’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Cogeco Communications's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Cogeco Communications's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Cogeco Communications’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Cogeco Communications Aktienanalyse

What does Cogeco Communications do?

Cogeco Communications Inc is a Canadian company that offers various telecommunications products and services. The company was founded in 1957 and is headquartered in Montreal, Quebec. Cogeco Communications Inc operates in three main areas: broadband services, business services, and US cable operations. In the broadband services sector, the company provides internet, telephone, and television services. These services are tailored to the needs of individuals and small businesses and are delivered through the company's own fiber optic network. Cogeco Communications Inc is one of the leading broadband service providers in Canada, serving customers in Ontario, Quebec, and some parts of America. Another important business segment is the business services sector. Here, the company offers a wide range of services tailored to the needs of larger businesses and public sector organizations. These include internet access, data processing, hosting, cloud services, and network management. Lastly, Cogeco Communications Inc also operates cable operations in the US. The company operates in 11 states in the US, serving customers with internet, telephone, and television services. Cogeco Communications Inc's products and services are largely provided through long-term contracts with customers. Prices are typically fixed, and customers are often encouraged to subscribe to multiple services through promotions and discounts. Cogeco Communications Inc's business model is based on a strategy of continuous growth, both organically and through acquisitions. The company has made several acquisitions in the past to expand its business operations. Some of the recent acquisitions include the purchase of MetroCast (a New Hampshire-based cable operator) in 2018 and the purchase of Peer 1 Hosting (a UK-based cloud hosting provider) in 2017. Cogeco Communications Inc's main strategy is to expand its offerings by continuously investing in its network and introducing new services and technologies. The company has made significant investments in its fiber optic network and new technologies such as 5G mobile networks in recent years. In addition, Cogeco Communications Inc also sees itself as a leader in environmental sustainability. The company has a green initiative aimed at reducing energy consumption, greenhouse gas emissions, and environmental impact. In 2017, the company received platinum status in the EcoVadis sustainability certification for these efforts. Overall, Cogeco Communications Inc has established itself as a key player in the Canadian telecommunications sector in recent years. With a wide range of products and services and the ability to drive growth through targeted investments and acquisitions, the company is well positioned to continue its success in the future. Cogeco Communications is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Cogeco Communications stock

How much dividend does Cogeco Communications pay?

Over the past 12 months, Cogeco Communications paid a dividend of 3.18 CAD . This corresponds to a dividend yield of about 4.87 %. For the coming 12 months, Cogeco Communications is expected to pay a dividend of 3.52 CAD.

What is the dividend yield of Cogeco Communications?

The current dividend yield of Cogeco Communications is 4.87 %.

When does Cogeco Communications pay dividends?

Cogeco Communications pays a quarterly dividend. This is distributed in the months of December, February, May, August.

How secure is the dividend of Cogeco Communications?

Cogeco Communications paid dividends every year for the past 24 years.

What is the dividend of Cogeco Communications?

For the upcoming 12 months, dividends amounting to 3.52 CAD are expected. This corresponds to a dividend yield of 5.38 %.

In which sector is Cogeco Communications located?

Cogeco Communications is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Cogeco Communications kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cogeco Communications from 8/8/2024 amounting to 0.854 CAD, you needed to have the stock in your portfolio before the ex-date on 7/25/2024.

When did Cogeco Communications pay the last dividend?

The last dividend was paid out on 8/8/2024.

What was the dividend of Cogeco Communications in the year 2023?

In the year 2023, Cogeco Communications distributed 2.891 CAD as dividends.

In which currency does Cogeco Communications pay out the dividend?

The dividends of Cogeco Communications are distributed in CAD.

Andere Kennzahlen von Cogeco Communications

Our stock analysis for Cogeco Communications Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cogeco Communications Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.