Cogeco Communications Inc. (CCA) To Go Ex-Dividend on April 23rd

Cogeco Communications Inc. (TSE:CCA) announced a quarterly dividend on Thursday, April 23rd, TickerTech Dividends reports. Investors 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 6.3%. The ex-dividend date is Thursday, April 23rd.

Cogeco Communications Stock Down 0.4%

TSE:CCA traded down C$0.28 during midday trading on Tuesday, hitting C$63.05. 41,708 shares of the company were exchanged, compared to its average volume of 201,572. The company has a fifty day simple moving average of C$69.91 and a 200 day simple moving average of C$67.77. Cogeco Communications has a fifty-two week low of C$60.89 and a fifty-two week high of C$77.40. The company has a current ratio of 0.47, a quick ratio of 0.49 and a debt-to-equity ratio of 141.57. The company has a market capitalization of C$2.65 billion, a PE ratio of 8.47, a price-to-earnings-growth ratio of 4.77 and a beta of 0.89.

Cogeco Communications (TSE:CCA) last announced its quarterly earnings results on Thursday, April 9th. The company reported C$1.96 EPS for the quarter. Cogeco Communications had a net margin of 11.13% and a return on equity of 9.93%. The firm had revenue of C$693.56 million for the quarter. As a group, equities analysts anticipate 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.