Rogers Communication, Inc. (NYSE:RCI) will begin trading ex-dividend on December 9, 2020. The quarterly dividend payment of $ 0.50 per share is scheduled to be paid on January 4, 2021. The dividend yield based on the latest trading day closing price was 4.25 percent. Shareholders who purchased RCI shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Rogers Communication, Inc. recently reported third quarter financial results on October 22, 2020, before market open, the Toronto based company came out with income for the third quarter of $ 0.81 per share, from the revenue of $ 2,751.00 million. The quarterly earnings dropped 10.00 percent while revenues declined 3.58 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.60 per share from $ 2760.00 million in revenue. The bottom line results beat street analysts by $ 0.21 or 35.00 percent, at the same time, top line results fell short of analysts by $ 9 million or 0.33 percent.
Stock Performance
Shares of Rogers Communication, Inc. traded low $ -0.73 or -1.53 percent on Monday, reaching $ 47.06 with volume of 1.29 million shares. Rogers Communication, Inc. has traded high as $ 47.93 and has cracked $ 47.00 on the downward trend
According to the previous trading day, closing price of $ 47.06, representing a 48.42 % increase from the 52 week low of $ 32.20 and a 6.82 % decrease over the 52 week high of $ 51.29.
The company has a market capital of $ 23.99 billion and is part of the Communication Services sector and Telecom Services industry.
Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media.
