Cogeco Inc. (CGO) To Go Ex-Dividend on November 10th

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

Cogeco Price Performance

Shares of CGO stock opened at C$50.68 on Friday. The company has a debt-to-equity ratio of 916.00, a current ratio of 0.60 and a quick ratio of 0.51. The company has a market capitalization of C$479.94 million, a PE ratio of -1.41, a price-to-earnings-growth ratio of -0.28 and a beta of 0.89. The firm’s 50-day moving average is C$50.27 and its two-hundred day moving average is C$61.47. Cogeco has a 12 month low of C$43.51 and a 12 month high of C$77.04.

Cogeco (TSE:CGO) last posted its quarterly earnings results on Thursday, October 29th. The company reported C$2.04 earnings per share for the quarter. The business had revenue of C$713.89 million during the quarter. Cogeco had a negative net margin of 11.80% and a negative return on equity of 49.57%. Analysts predict that Cogeco will post 11.05 earnings per share for the current year.

Cogeco Company Profile

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.