Rogers Communications (TSE:RCI.A) Reaches New 52-Week Low – Here’s What Happened

Rogers Communications Inc. (TSE:RCI.A) reached a new 52-week low on Monday . The stock traded as low as C$51.77 and last traded at C$52.15, with a volume of 2951 shares changing hands. The stock had previously closed at C$53.25.

Rogers Communications Trading Up 0.2 %

The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58. The stock has a market capitalization of C$6.00 billion, a PE ratio of 33.07, a P/E/G ratio of 0.95 and a beta of 0.62. The company’s 50 day moving average price is C$55.95 and its two-hundred day moving average price is C$56.19.

Rogers Communications Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, October 3rd were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, September 9th. This represents a $2.00 annualized dividend and a yield of 3.70%. Rogers Communications’s dividend payout ratio (DPR) is 122.70%.

Rogers Communications Company Profile

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.