Cogent Communications Holdings, Inc. (NASDAQ:CCOI) will begin trading ex-dividend on August 20, 2020. The quarterly dividend payment of $ 0.705 per share is scheduled to be paid on September 4, 2020. Shareholders who purchased CCOI prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Recent Earnings Announcement
Cogent Communications Holdings, Inc. announced income for the first quarter of $ 0.20 per share, from the revenue of $ 140.92 million. The quarterly revenues developed 4.23 percent compared with the same quarter last year. The consensus estimates are income of $ 0.22 per share from $ 141.79 million in revenue. The bottom line results missed street analysts by $ 0.02 or 9.09 percent, at the same time, top line results fell short of analysts by $ 0.87 million or 0.61 percent.
Stock Performance
According to the previous trading day, closing price of CCOI was $ 67.01, representing a 25.86 % increase from the 52 week low of $ 53.24 and a 27.92 % decrease over the 52 week high of $ 92.96.
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The company has a market capital of $ 3.17 billion and is part of the Communication Services sector and Telecom Services industry.
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, Asia, Australia, and Brazil. The company offers on-net Internet access and private network services to law firms, financial services firms, advertising and marketing firms, other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, content delivery network companies, and commercial content and application service providers. It also provides on-net services in carrier-neutral data centers, Cogent controlled data centers, and single-tenant office buildings.
