Cogeco Inc. (TSE:CGO) Shareholders to Collect $1.01 Quarterly Dividend

Cogeco Inc. (TSE:CGO) declared a quarterly dividend on Tuesday, November 10th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $1.0070 per share on Wednesday, November 25th. This represents a $4.03 annualized dividend and a dividend yield of 7.9%. The ex-dividend date is Tuesday, November 10th.

Cogeco Stock Performance

TSE CGO opened at C$50.68 on Friday. The stock has a market cap of C$479.94 million, a PE ratio of -1.41, a P/E/G ratio of -0.28 and a beta of 0.89. The company has a debt-to-equity ratio of 916.00, a quick ratio of 0.51 and a current ratio of 0.60. The firm has a 50-day moving average of C$50.27 and a 200-day moving average of C$61.47. Cogeco has a 52-week low of C$43.51 and a 52-week high of C$77.04.

Cogeco (TSE:CGO) last announced its quarterly earnings results on Thursday, October 29th. The company reported C$2.04 EPS for the quarter. The business had revenue of C$713.89 million for the quarter. Cogeco had a negative net margin of 11.80% and a negative return on equity of 49.57%. On average, sell-side analysts anticipate that Cogeco will post 11.05 EPS for the current year.

About Cogeco

Cogeco Inc is a North American leader in the telecommunications and media sectors. Through Cogeco Communications Inc, 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. Through Cogeco Media, we operate 21 radio stations in Canada, primarily in the province of Quebec, as well as a news agency. We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future.