Cogent Communications Holdings, Inc. (NASDAQ:CCOI) will begin trading ex-dividend on November 19, 2020. The quarterly dividend payment of $ 0.73 per share is scheduled to be paid on December 4, 2020. The dividend yield based on the latest trading day closing price was 4.78 percent. Shareholders who purchased CCOI shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Cogent Communications Holdings, Inc.
Cogent Communications Holdings, Inc. recently reported second quarter financial results on August 6, 2020, before market open, the Washington based company communicated income for the second quarter of $ 0.18 per share, from the revenue of $ 140.99 million. The quarterly earnings improved 148.53 percent while revenues compared with the same quarter last year.
Street analysts expected Cogent Communications Holdings, Inc. recently reported second quarter financial results on August 6, 2020, before market open, the Washington based company to report income of $ 0.23 per share on revenue of $ 143.38 million for the second quarter. The bottom line results missed street analysts by $ 0.05 or 21.74 percent, at the same time, top line results fell short of analysts by $ 2.39 million or 1.67 percent.
Stock Performance
On Friday, shares of Cogent Communications Holdings, Inc. has traded high as $ 61.36 and has cracked $ 58.81 on the downward trend, reaching $ 61.14 with volume of 413.70 thousand shares.
According to the previous trading day, closing price of $ 61.14, representing a 11.18 % increase from the 52 week low of $ 53.20 and a 36.37 % decrease over the 52 week high of $ 92.96.
The company has a market capital of $ 2.89 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.
