View Financial HealthCogeco 배당 및 자사주 매입배당 기준 점검 6/6Cogeco 수익으로 충분히 충당되는 현재 수익률 6.21% 보유한 배당금 지급 회사입니다.핵심 정보6.2%배당 수익률0.6%자사주 매입 수익률총 주주 수익률6.8%미래 배당 수익률n/a배당 성장률12.4%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향43%최근 배당 및 자사주 매입 업데이트Declared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Declared Dividend • Jan 22First quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 28th January 2026 Payment date: 11th February 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.공시 • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.분석 기사 • Nov 07Cogeco's (TSE:CGO) Shareholders Will Receive A Bigger Dividend Than Last YearCogeco Inc. ( TSE:CGO ) will increase its dividend from last year's comparable payment on the 26th of November to...Declared Dividend • Nov 06Fourth quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 12th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Declared Dividend • Jul 21Third quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 29th July 2025 Payment date: 12th August 2025 Dividend yield will be 6.0%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.모든 업데이트 보기Recent updatesDeclared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Apr 12Second quarter 2026 earnings released: EPS: CA$2.00 (vs CA$1.91 in 2Q 2025)Second quarter 2026 results: EPS: CA$2.00 (up from CA$1.91 in 2Q 2025). Revenue: CA$713.0m (down 5.3% from 2Q 2025). Net income: CA$19.0m (up 4.4% from 2Q 2025). Profit margin: 2.7% (up from 2.4% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 15% per year over the past 5 years.공시 • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.공시 • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Jan 22First quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 28th January 2026 Payment date: 11th February 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Price Target Changed • Jan 16Price target increased by 8.8% to CA$93.00Up from CA$85.50, the current price target is an average from 2 analysts. New target price is 30% above last closing price of CA$71.56. Stock is up 33% over the past year. The company posted earnings per share of CA$8.94 last year.Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: CA$2.97 (vs CA$3.13 in 1Q 2025)First quarter 2026 results: EPS: CA$2.97 (down from CA$3.13 in 1Q 2025). Revenue: CA$735.6m (down 3.8% from 1Q 2025). Net income: CA$28.2m (down 5.4% from 1Q 2025). Profit margin: 3.8% (down from 3.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.8% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.공시 • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.공시 • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026공시 • Nov 12Cogeco Inc., Annual General Meeting, Jan 15, 2026Cogeco Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal CanadaRecent Insider Transactions Derivative • Nov 07Chief Financial Officer exercised options to buy CA$141k worth of stock.On the 31st of October, Patrice Ouimet exercised options to buy 2k shares at a strike price of around CA$58.98, costing a total of CA$136k. This transaction amounted to 22% of their direct individual holding at the time of the trade. Since December 2024, Patrice has owned 10.35k shares directly. Company insiders have collectively bought CA$391k more than they sold, via options and on-market transactions, in the last 12 months.분석 기사 • Nov 07Cogeco's (TSE:CGO) Shareholders Will Receive A Bigger Dividend Than Last YearCogeco Inc. ( TSE:CGO ) will increase its dividend from last year's comparable payment on the 26th of November to...Declared Dividend • Nov 06Fourth quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 12th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 31Full year 2025 earnings released: EPS: CA$8.94 (vs CA$8.63 in FY 2024)Full year 2025 results: EPS: CA$8.94. Revenue: CA$3.01b (down 2.1% from FY 2024). Net income: CA$85.0m (down 12% from FY 2024). Profit margin: 2.8% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.3%.공시 • Oct 31+ 2 more updatesCogeco Inc. Provides Earnings Guidance for the Fiscal Year 2026Cogeco Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to decrease by 1% to 3%, resulting mostly from a growing Internet subscriber base, a decline in video and wireline phone subscriptions, as well as a competitive pricing environment.공시 • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025Declared Dividend • Jul 21Third quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 29th July 2025 Payment date: 12th August 2025 Dividend yield will be 6.0%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Jul 17Cogeco (TSE:CGO) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Jul 16Third quarter 2025 earnings released: EPS: CA$2.16 (vs CA$1.99 in 3Q 2024)Third quarter 2025 results: EPS: CA$2.16 (up from CA$1.99 in 3Q 2024). Revenue: CA$758.5m (down 2.4% from 3Q 2024). Net income: CA$20.5m (up 8.1% from 3Q 2024). Profit margin: 2.7% (up from 2.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.공시 • Jul 16+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendAt its July 15, 2025 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.공시 • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025Declared Dividend • Apr 14Second quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 23rd April 2025 Payment date: 7th May 2025 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Apr 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 10Second quarter 2025 earnings released: EPS: CA$1.91 (vs CA$2.32 in 2Q 2024)Second quarter 2025 results: EPS: CA$1.91 (down from CA$2.32 in 2Q 2024). Revenue: CA$753.2m (flat on 2Q 2024). Net income: CA$18.2m (down 24% from 2Q 2024). Profit margin: 2.4% (down from 3.2% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.공시 • Apr 10Cogeco Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.공시 • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025Declared Dividend • Jan 17First quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 27th January 2025 Payment date: 10th February 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Jan 16Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Jan 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Jan 14First quarter 2025 earnings released: EPS: CA$3.13 (vs CA$2.23 in 1Q 2024)First quarter 2025 results: EPS: CA$3.13. Revenue: CA$765.0m (down 1.4% from 1Q 2024). Net income: CA$29.8m (down 14% from 1Q 2024). Profit margin: 3.9% (down from 4.5% in 1Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada.공시 • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025Recent Insider Transactions Derivative • Nov 21Chief Financial Officer exercised options to buy CA$53k worth of stock.On the 15th of November, Patrice Ouimet exercised 1.98k options to receive shares at no cost, then sold around 1.09k of them at CA$59.53 each and kept the remainder. Since December 2023, Patrice has owned 9.46k shares directly. Company insiders have collectively bought CA$73k more than they sold, via options and on-market transactions, in the last 12 months.공시 • Nov 11Cogeco Inc., Annual General Meeting, Jan 14, 2025Cogeco Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal Canada분석 기사 • Nov 08We Like The Quality Of Cogeco's (TSE:CGO) EarningsCogeco Inc.'s ( TSE:CGO ) solid earnings announcement recently didn't do much to the stock price. Our analysis suggests...Declared Dividend • Nov 07Fourth quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 14th November 2024 Payment date: 28th November 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Price Target Changed • Nov 04Price target increased by 8.2% to CA$85.50Up from CA$79.00, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CA$61.68. Stock is up 29% over the past year. The company posted earnings per share of CA$8.63 last year.Reported Earnings • Nov 02Full year 2024 earnings released: EPS: CA$8.63 (vs CA$4.54 in FY 2023)Full year 2024 results: EPS: CA$8.63 (up from CA$4.54 in FY 2023). Revenue: CA$3.07b (flat on FY 2023). Net income: CA$96.7m (up 37% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 24Price target increased by 11% to CA$84.00Up from CA$76.00, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CA$61.94. Stock is up 31% over the past year. The company posted earnings per share of CA$4.53 last year.공시 • Sep 17Cogeco Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024공시 • Sep 03Cogeco Welcomes Mike Henry as Chief Commercial OfficerCogeco Inc. and Cogeco Communications Inc. announced the arrival of Mike Henry, who joined the organization as Chief Commercial Officer on Monday, August 26, 2024. He will be responsible for leading the sales and marketing, digital, brand, product and community relations teams of Cogeco's telecommunications business across Canada and the United States. Henry brings 30 years of leadership experience from the financial sector, where he has led pivotal transformations and overseen value creation, while keeping customer experience at the forefront of the organizations he has served. Henry most recently held the position of Executive Vice-President, Consumer Banking, Digital and Strategy at Home Trust. He previously held multiple executive roles at Scotiabank, acting as Executive Vice-President and Chief Data Officer. Henry holds an MBA from the Schulich School of Business at York University, and has completed leadership programs at both Harvard Business School and Duke University. He also holds the ICD.D designation from the Institute of Corporate Directors.분석 기사 • Jul 18Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Declared Dividend • Jul 17Third quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.99 (vs CA$2.22 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$1.99 (up from CA$2.22 loss in 3Q 2023). Revenue: CA$777.2m (up 1.3% from 3Q 2023). Net income: CA$19.0m (up CA$53.4m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.공시 • Jun 06Cogeco Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024Declared Dividend • Apr 23Second quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 24th April 2024 Payment date: 9th May 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 6.1% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.공시 • Apr 13Cogeco Inc. Declares Quarterly DividendCogeco Inc. declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.32 (vs CA$2.17 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.32. Revenue: CA$751.9m (flat on 2Q 2023). Net income: CA$24.0m (down 29% from 2Q 2023). Profit margin: 3.2% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Telecom industry in Canada.공시 • Mar 20Cogeco Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Inc. announced that they will report Q2, 2024 results After-Market on Apr 11, 2024공시 • Mar 12Cogeco Inc. and Cogeco Communications Inc. Announce Chief Executive Officer ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as Chief Executive Officer of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal.공시 • Mar 11Cogeco Inc. and Cogeco Communications Inc. Announce Management ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as President and Director of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal. Mr. Jetté will step down as a director of both companies, effective March 11, 2024.Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.8% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 5.8%. Lower than top quartile of Canadian dividend payers (6.4%). Lower than average of industry peers (6.6%).공시 • Jan 13Cogeco Inc. Elects Robin Bienenstock as DirectorCogeco Inc. announced Robin Bienenstock elected as director of Cogeco during its Annual Shareholders' Meeting held virtually on January 11, 2024.Reported Earnings • Jan 11First quarter 2024 earnings released: EPS: CA$2.23 (vs CA$2.68 in 1Q 2023)First quarter 2024 results: EPS: CA$2.23 (down from CA$2.68 in 1Q 2023). Revenue: CA$776.2m (down 1.7% from 1Q 2023). Net income: CA$34.5m (down 18% from 1Q 2023). Profit margin: 4.5% (down from 5.3% in 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 3.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • Jan 11Cogeco Declares a Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.공시 • Dec 15Cogeco Inc. to Report Q1, 2024 Results on Jan 11, 2024Cogeco Inc. announced that they will report Q1, 2024 results After-Market on Jan 11, 2024Price Target Changed • Dec 13Price target increased by 14% to CA$81.50Up from CA$71.50, the current price target is an average from 2 analysts. New target price is 50% above last closing price of CA$54.19. Stock is down 11% over the past year. The company posted earnings per share of CA$4.53 last year.공시 • Dec 12Cogeco Inc. (TSX:CGO) announces an Equity Buyback for 5,969,360 shares, representing 38.2% for CAD 280.02 million.Cogeco Inc. (TSX:CGO) announces a share repurchase program. Under the program, the company will repurchase up to 5,969,360 shares, representing 38.2% for CAD 280.02 million. The shares will be repurchased at a price not more than CAD 46.91 per share. The company will fund CAD 117 million in proceeds resulting from a repurchase for cancellation by Cogeco Communications from Cogeco of CCA SVS at the CCA SVS Price, CAD 73 million will be funded from a sale by Cogeco to CDPQ of CCA SVS at the CCA SVS Price and from its term loan and credit facilities. The shares will be repurchased from Caisse de dépôt et placement du Québec.분석 기사 • Dec 07We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Recent Insider Transactions Derivative • Nov 16President exercised options to buy CA$107k worth of stock.On the 9th of November, Philippe Jette exercised 5.18k options to receive shares at no cost, then sold around 2.85k of them at CA$80.34 each and kept the remainder. Since December 2022, Philippe has owned 12.38k shares directly. Company insiders have collectively bought CA$655k more than they sold, via options and on-market transactions, in the last 12 months.분석 기사 • Nov 08Investors Can Find Comfort In Cogeco's (TSE:CGO) Earnings QualityShareholders appeared unconcerned with Cogeco Inc.'s ( TSE:CGO ) lackluster earnings report last week. Our analysis...Upcoming Dividend • Nov 07Upcoming dividend of CA$0.85 per share at 6.1% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.1%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (6.9%).분석 기사 • Nov 06Cogeco (TSE:CGO) Is Paying Out A Larger Dividend Than Last YearCogeco Inc.'s ( TSE:CGO ) periodic dividend will be increasing on the 29th of November to CA$0.854, with investors...Price Target Changed • Nov 05Price target decreased by 9.2% to CA$74.00Down from CA$81.50, the current price target is an average from 2 analysts. New target price is 52% above last closing price of CA$48.60. Stock is down 12% over the past year. The company posted earnings per share of CA$4.53 last year.공시 • Nov 04Cogeco Inc., Annual General Meeting, Jan 11, 2024Cogeco Inc., Annual General Meeting, Jan 11, 2024.Reported Earnings • Nov 02Full year 2023 earnings released: EPS: CA$4.53 (vs CA$9.43 in FY 2022)Full year 2023 results: EPS: CA$4.53 (down from CA$9.43 in FY 2022). Revenue: CA$3.08b (up 2.9% from FY 2022). Net income: CA$70.6m (down 53% from FY 2022). Profit margin: 2.3% (down from 5.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.공시 • Nov 02Cogeco Inc. Declares Quarterly DividendCogeco Inc. at its November 1, 2023 meeting, the Board of Directors of the company declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share last year. With this increase, the dividends per share of the Corporation and Cogeco Communications are now fully aligned.공시 • Sep 29Cogeco Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Inc. announced that they will report Q4, 2023 results After-Market on Nov 01, 2023공시 • Sep 19Cogeco Inc. and Cogeco Communications Inc. Appoints Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal Officer, effective September 18, 2023. She will be based at the company's head office in Montreal. Ms. Zamuner is a seasoned executive with outstanding experience in sectors ranging from financial and professional services to media and retail. During her career, she has held positions with ever-increasing responsibility, led key legal functions, piloted landmark mergers and acquisitions, and helped shape the strategies of the companies she has worked for. Her most recent roles include Senior Vice-President, General Counsel and Corporate Secretary for Alimentation Couche-Tard, and Senior Vice-President of Mergers, Acquisitions Strategic Initiatives for Stingray Inc. Ms. Zamuner will lead the Corporate Affairs teams as well as the Legal, Regulatory and Government teams; this will bring together the various fields of expertise related to its key interactions with external stakeholders. Ms. Zamuner holds a law degree from Universite Laval and an MBA from Concordia University. She is a member of the Quebec Bar.공시 • Sep 08Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Tim Dinesen as Senior Vice-President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Tim Dinesen as Senior Vice-President and Chief Technology Officer, effective September 11, 2023. He will be based at the head office in Montreal. Until recently, in addition to his consulting work, he has held management roles at Xplornet, Canadian Tire and Bell Canada, among others. During his career, he has acquired extensive experience of broadband networks, information technologies, mobility and customer operations in Canada and the United States. Mr. Dinesen holds a PhD in Chemical Physics from McGill University and an MBA from Queen's University.New Risk • Jul 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).Reported Earnings • Jul 14Third quarter 2023 earnings released: CA$2.22 loss per share (vs CA$2.38 profit in 3Q 2022)Third quarter 2023 results: CA$2.22 loss per share (down from CA$2.38 profit in 3Q 2022). Revenue: CA$767.6m (up 1.7% from 3Q 2022). Net loss: CA$34.5m (down 192% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.공시 • Jul 14+ 1 more updateCogeco Inc. Declares Quarterly DividendCogeco Inc. announced that at its July 13, 2023 meeting, the Board of Directors declared a quarterly eligible dividend of CAD 0.731 per share, an increase of 17% compared to CAD 0.625 per share in the comparable quarter of fiscal 2022.공시 • Jun 09Cogeco Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023Price Target Changed • May 05Price target decreased by 17% to CA$84.50Down from CA$102, the current price target is an average from 2 analysts. New target price is 55% above last closing price of CA$54.44. Stock is down 23% over the past year. The company posted earnings per share of CA$9.43 last year.Upcoming Dividend • Apr 19Upcoming dividend of CA$0.73 per share at 5.1% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (3.4%).Reported Earnings • Apr 14Second quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.30 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.17 (down from CA$2.30 in 2Q 2022). Revenue: CA$757.2m (up 1.2% from 2Q 2022). Net income: CA$33.8m (down 7.8% from 2Q 2022). Profit margin: 4.5% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.분석 기사 • Apr 01We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director Caroline Papadatos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$57.63, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 9x in the Media industry in Canada. Total loss to shareholders of 33% over the past three years.공시 • Jan 17Cogeco Inc. Approves Election of Caroline Papadatos as DirectorCogeco Inc. at its AGM held on January 13, 2023 approved election of Caroline Papadatos as director.Reported Earnings • Jan 14First quarter 2023 earnings released: EPS: CA$2.68 (vs CA$2.42 in 1Q 2022)First quarter 2023 results: EPS: CA$2.68 (up from CA$2.42 in 1Q 2022). Revenue: CA$789.7m (up 6.0% from 1Q 2022). Net income: CA$42.1m (up 9.2% from 1Q 2022). Profit margin: 5.3% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공시 • Jan 13+ 1 more updateCogeco Inc. Declares Quarterly DividendAt its January 12, 2023 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share in the comparable quarter of fiscal 2022.공시 • Dec 02+ 1 more updateCogeco Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Nov 05Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Inc., Annual General Meeting, Jan 13, 2023.공시 • Oct 29+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendCogeco Inc. announced at its October 27, 2022 meeting, the board of directors of the company declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share a year ago.Reported Earnings • Oct 28Full year 2022 earnings releasedFull year 2022 results: Revenue: CA$3.00b (up 15% from FY 2021). Net income: CA$149.1m (up 5.1% from FY 2021). Profit margin: 5.0% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses.Price Target Changed • Oct 26Price target decreased to CA$103Down from CA$111, the current price target is an average from 3 analysts. New target price is 88% above last closing price of CA$54.84. Stock is down 34% over the past year. The company posted earnings per share of CA$8.92 last year.Price Target Changed • Oct 13Price target decreased to CA$110Down from CA$119, the current price target is an average from 3 analysts. New target price is 101% above last closing price of CA$54.57. Stock is down 37% over the past year. The company posted earnings per share of CA$8.92 last year.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: CGO 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: CGO 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Cogeco 배당 수익률 vs 시장CGO의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (CGO)6.2%시장 하위 25% (CA)1.7%시장 상위 25% (CA)5.5%업계 평균 (Telecom)6.4%분석가 예측 (CGO) (최대 3년)n/a주목할만한 배당금: CGO 의 배당금( 6.21% )은 Canadian 시장에서 배당금 지급자의 하위 25%( 1.67% )보다 높습니다.고배당: CGO 의 배당금( 6.21% )은 Canadian 시장( 5.45% )주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 43.1% )로 CGO 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 8.6% )이 낮기 때문에 CGO 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCA 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 08:29종가2026/05/20 00:00수익2026/02/28연간 수익2025/08/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cogeco Inc.는 6명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Phillip HuangBarclaysGlen CampbellBofA Global ResearchStephanie PriceCIBC Capital Markets3명의 분석가 더 보기
Declared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Declared Dividend • Jan 22First quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 28th January 2026 Payment date: 11th February 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
공시 • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.
분석 기사 • Nov 07Cogeco's (TSE:CGO) Shareholders Will Receive A Bigger Dividend Than Last YearCogeco Inc. ( TSE:CGO ) will increase its dividend from last year's comparable payment on the 26th of November to...
Declared Dividend • Nov 06Fourth quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 12th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • Jul 21Third quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 29th July 2025 Payment date: 12th August 2025 Dividend yield will be 6.0%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Apr 12Second quarter 2026 earnings released: EPS: CA$2.00 (vs CA$1.91 in 2Q 2025)Second quarter 2026 results: EPS: CA$2.00 (up from CA$1.91 in 2Q 2025). Revenue: CA$713.0m (down 5.3% from 2Q 2025). Net income: CA$19.0m (up 4.4% from 2Q 2025). Profit margin: 2.7% (up from 2.4% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 15% per year over the past 5 years.
공시 • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.
공시 • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Jan 22First quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 28th January 2026 Payment date: 11th February 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Price Target Changed • Jan 16Price target increased by 8.8% to CA$93.00Up from CA$85.50, the current price target is an average from 2 analysts. New target price is 30% above last closing price of CA$71.56. Stock is up 33% over the past year. The company posted earnings per share of CA$8.94 last year.
Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: CA$2.97 (vs CA$3.13 in 1Q 2025)First quarter 2026 results: EPS: CA$2.97 (down from CA$3.13 in 1Q 2025). Revenue: CA$735.6m (down 3.8% from 1Q 2025). Net income: CA$28.2m (down 5.4% from 1Q 2025). Profit margin: 3.8% (down from 3.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.8% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.
공시 • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.
공시 • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026
공시 • Nov 12Cogeco Inc., Annual General Meeting, Jan 15, 2026Cogeco Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada
Recent Insider Transactions Derivative • Nov 07Chief Financial Officer exercised options to buy CA$141k worth of stock.On the 31st of October, Patrice Ouimet exercised options to buy 2k shares at a strike price of around CA$58.98, costing a total of CA$136k. This transaction amounted to 22% of their direct individual holding at the time of the trade. Since December 2024, Patrice has owned 10.35k shares directly. Company insiders have collectively bought CA$391k more than they sold, via options and on-market transactions, in the last 12 months.
분석 기사 • Nov 07Cogeco's (TSE:CGO) Shareholders Will Receive A Bigger Dividend Than Last YearCogeco Inc. ( TSE:CGO ) will increase its dividend from last year's comparable payment on the 26th of November to...
Declared Dividend • Nov 06Fourth quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 12th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 31Full year 2025 earnings released: EPS: CA$8.94 (vs CA$8.63 in FY 2024)Full year 2025 results: EPS: CA$8.94. Revenue: CA$3.01b (down 2.1% from FY 2024). Net income: CA$85.0m (down 12% from FY 2024). Profit margin: 2.8% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.3%.
공시 • Oct 31+ 2 more updatesCogeco Inc. Provides Earnings Guidance for the Fiscal Year 2026Cogeco Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to decrease by 1% to 3%, resulting mostly from a growing Internet subscriber base, a decline in video and wireline phone subscriptions, as well as a competitive pricing environment.
공시 • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025
Declared Dividend • Jul 21Third quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 29th July 2025 Payment date: 12th August 2025 Dividend yield will be 6.0%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Jul 17Cogeco (TSE:CGO) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Jul 16Third quarter 2025 earnings released: EPS: CA$2.16 (vs CA$1.99 in 3Q 2024)Third quarter 2025 results: EPS: CA$2.16 (up from CA$1.99 in 3Q 2024). Revenue: CA$758.5m (down 2.4% from 3Q 2024). Net income: CA$20.5m (up 8.1% from 3Q 2024). Profit margin: 2.7% (up from 2.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.
공시 • Jul 16+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendAt its July 15, 2025 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.
공시 • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025
Declared Dividend • Apr 14Second quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 23rd April 2025 Payment date: 7th May 2025 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Apr 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 10Second quarter 2025 earnings released: EPS: CA$1.91 (vs CA$2.32 in 2Q 2024)Second quarter 2025 results: EPS: CA$1.91 (down from CA$2.32 in 2Q 2024). Revenue: CA$753.2m (flat on 2Q 2024). Net income: CA$18.2m (down 24% from 2Q 2024). Profit margin: 2.4% (down from 3.2% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
공시 • Apr 10Cogeco Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.
공시 • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025
Declared Dividend • Jan 17First quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 27th January 2025 Payment date: 10th February 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Jan 16Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Jan 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Jan 14First quarter 2025 earnings released: EPS: CA$3.13 (vs CA$2.23 in 1Q 2024)First quarter 2025 results: EPS: CA$3.13. Revenue: CA$765.0m (down 1.4% from 1Q 2024). Net income: CA$29.8m (down 14% from 1Q 2024). Profit margin: 3.9% (down from 4.5% in 1Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada.
공시 • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025
Recent Insider Transactions Derivative • Nov 21Chief Financial Officer exercised options to buy CA$53k worth of stock.On the 15th of November, Patrice Ouimet exercised 1.98k options to receive shares at no cost, then sold around 1.09k of them at CA$59.53 each and kept the remainder. Since December 2023, Patrice has owned 9.46k shares directly. Company insiders have collectively bought CA$73k more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Nov 11Cogeco Inc., Annual General Meeting, Jan 14, 2025Cogeco Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal Canada
분석 기사 • Nov 08We Like The Quality Of Cogeco's (TSE:CGO) EarningsCogeco Inc.'s ( TSE:CGO ) solid earnings announcement recently didn't do much to the stock price. Our analysis suggests...
Declared Dividend • Nov 07Fourth quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 14th November 2024 Payment date: 28th November 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Price Target Changed • Nov 04Price target increased by 8.2% to CA$85.50Up from CA$79.00, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CA$61.68. Stock is up 29% over the past year. The company posted earnings per share of CA$8.63 last year.
Reported Earnings • Nov 02Full year 2024 earnings released: EPS: CA$8.63 (vs CA$4.54 in FY 2023)Full year 2024 results: EPS: CA$8.63 (up from CA$4.54 in FY 2023). Revenue: CA$3.07b (flat on FY 2023). Net income: CA$96.7m (up 37% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 24Price target increased by 11% to CA$84.00Up from CA$76.00, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CA$61.94. Stock is up 31% over the past year. The company posted earnings per share of CA$4.53 last year.
공시 • Sep 17Cogeco Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024
공시 • Sep 03Cogeco Welcomes Mike Henry as Chief Commercial OfficerCogeco Inc. and Cogeco Communications Inc. announced the arrival of Mike Henry, who joined the organization as Chief Commercial Officer on Monday, August 26, 2024. He will be responsible for leading the sales and marketing, digital, brand, product and community relations teams of Cogeco's telecommunications business across Canada and the United States. Henry brings 30 years of leadership experience from the financial sector, where he has led pivotal transformations and overseen value creation, while keeping customer experience at the forefront of the organizations he has served. Henry most recently held the position of Executive Vice-President, Consumer Banking, Digital and Strategy at Home Trust. He previously held multiple executive roles at Scotiabank, acting as Executive Vice-President and Chief Data Officer. Henry holds an MBA from the Schulich School of Business at York University, and has completed leadership programs at both Harvard Business School and Duke University. He also holds the ICD.D designation from the Institute of Corporate Directors.
분석 기사 • Jul 18Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Declared Dividend • Jul 17Third quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.99 (vs CA$2.22 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$1.99 (up from CA$2.22 loss in 3Q 2023). Revenue: CA$777.2m (up 1.3% from 3Q 2023). Net income: CA$19.0m (up CA$53.4m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.
공시 • Jun 06Cogeco Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024
Declared Dividend • Apr 23Second quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 24th April 2024 Payment date: 9th May 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 6.1% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.
공시 • Apr 13Cogeco Inc. Declares Quarterly DividendCogeco Inc. declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.
Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.32 (vs CA$2.17 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.32. Revenue: CA$751.9m (flat on 2Q 2023). Net income: CA$24.0m (down 29% from 2Q 2023). Profit margin: 3.2% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Telecom industry in Canada.
공시 • Mar 20Cogeco Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Inc. announced that they will report Q2, 2024 results After-Market on Apr 11, 2024
공시 • Mar 12Cogeco Inc. and Cogeco Communications Inc. Announce Chief Executive Officer ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as Chief Executive Officer of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal.
공시 • Mar 11Cogeco Inc. and Cogeco Communications Inc. Announce Management ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as President and Director of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal. Mr. Jetté will step down as a director of both companies, effective March 11, 2024.
Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.8% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 5.8%. Lower than top quartile of Canadian dividend payers (6.4%). Lower than average of industry peers (6.6%).
공시 • Jan 13Cogeco Inc. Elects Robin Bienenstock as DirectorCogeco Inc. announced Robin Bienenstock elected as director of Cogeco during its Annual Shareholders' Meeting held virtually on January 11, 2024.
Reported Earnings • Jan 11First quarter 2024 earnings released: EPS: CA$2.23 (vs CA$2.68 in 1Q 2023)First quarter 2024 results: EPS: CA$2.23 (down from CA$2.68 in 1Q 2023). Revenue: CA$776.2m (down 1.7% from 1Q 2023). Net income: CA$34.5m (down 18% from 1Q 2023). Profit margin: 4.5% (down from 5.3% in 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 3.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • Jan 11Cogeco Declares a Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.
공시 • Dec 15Cogeco Inc. to Report Q1, 2024 Results on Jan 11, 2024Cogeco Inc. announced that they will report Q1, 2024 results After-Market on Jan 11, 2024
Price Target Changed • Dec 13Price target increased by 14% to CA$81.50Up from CA$71.50, the current price target is an average from 2 analysts. New target price is 50% above last closing price of CA$54.19. Stock is down 11% over the past year. The company posted earnings per share of CA$4.53 last year.
공시 • Dec 12Cogeco Inc. (TSX:CGO) announces an Equity Buyback for 5,969,360 shares, representing 38.2% for CAD 280.02 million.Cogeco Inc. (TSX:CGO) announces a share repurchase program. Under the program, the company will repurchase up to 5,969,360 shares, representing 38.2% for CAD 280.02 million. The shares will be repurchased at a price not more than CAD 46.91 per share. The company will fund CAD 117 million in proceeds resulting from a repurchase for cancellation by Cogeco Communications from Cogeco of CCA SVS at the CCA SVS Price, CAD 73 million will be funded from a sale by Cogeco to CDPQ of CCA SVS at the CCA SVS Price and from its term loan and credit facilities. The shares will be repurchased from Caisse de dépôt et placement du Québec.
분석 기사 • Dec 07We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Recent Insider Transactions Derivative • Nov 16President exercised options to buy CA$107k worth of stock.On the 9th of November, Philippe Jette exercised 5.18k options to receive shares at no cost, then sold around 2.85k of them at CA$80.34 each and kept the remainder. Since December 2022, Philippe has owned 12.38k shares directly. Company insiders have collectively bought CA$655k more than they sold, via options and on-market transactions, in the last 12 months.
분석 기사 • Nov 08Investors Can Find Comfort In Cogeco's (TSE:CGO) Earnings QualityShareholders appeared unconcerned with Cogeco Inc.'s ( TSE:CGO ) lackluster earnings report last week. Our analysis...
Upcoming Dividend • Nov 07Upcoming dividend of CA$0.85 per share at 6.1% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.1%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (6.9%).
분석 기사 • Nov 06Cogeco (TSE:CGO) Is Paying Out A Larger Dividend Than Last YearCogeco Inc.'s ( TSE:CGO ) periodic dividend will be increasing on the 29th of November to CA$0.854, with investors...
Price Target Changed • Nov 05Price target decreased by 9.2% to CA$74.00Down from CA$81.50, the current price target is an average from 2 analysts. New target price is 52% above last closing price of CA$48.60. Stock is down 12% over the past year. The company posted earnings per share of CA$4.53 last year.
공시 • Nov 04Cogeco Inc., Annual General Meeting, Jan 11, 2024Cogeco Inc., Annual General Meeting, Jan 11, 2024.
Reported Earnings • Nov 02Full year 2023 earnings released: EPS: CA$4.53 (vs CA$9.43 in FY 2022)Full year 2023 results: EPS: CA$4.53 (down from CA$9.43 in FY 2022). Revenue: CA$3.08b (up 2.9% from FY 2022). Net income: CA$70.6m (down 53% from FY 2022). Profit margin: 2.3% (down from 5.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
공시 • Nov 02Cogeco Inc. Declares Quarterly DividendCogeco Inc. at its November 1, 2023 meeting, the Board of Directors of the company declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share last year. With this increase, the dividends per share of the Corporation and Cogeco Communications are now fully aligned.
공시 • Sep 29Cogeco Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Inc. announced that they will report Q4, 2023 results After-Market on Nov 01, 2023
공시 • Sep 19Cogeco Inc. and Cogeco Communications Inc. Appoints Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal Officer, effective September 18, 2023. She will be based at the company's head office in Montreal. Ms. Zamuner is a seasoned executive with outstanding experience in sectors ranging from financial and professional services to media and retail. During her career, she has held positions with ever-increasing responsibility, led key legal functions, piloted landmark mergers and acquisitions, and helped shape the strategies of the companies she has worked for. Her most recent roles include Senior Vice-President, General Counsel and Corporate Secretary for Alimentation Couche-Tard, and Senior Vice-President of Mergers, Acquisitions Strategic Initiatives for Stingray Inc. Ms. Zamuner will lead the Corporate Affairs teams as well as the Legal, Regulatory and Government teams; this will bring together the various fields of expertise related to its key interactions with external stakeholders. Ms. Zamuner holds a law degree from Universite Laval and an MBA from Concordia University. She is a member of the Quebec Bar.
공시 • Sep 08Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Tim Dinesen as Senior Vice-President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Tim Dinesen as Senior Vice-President and Chief Technology Officer, effective September 11, 2023. He will be based at the head office in Montreal. Until recently, in addition to his consulting work, he has held management roles at Xplornet, Canadian Tire and Bell Canada, among others. During his career, he has acquired extensive experience of broadband networks, information technologies, mobility and customer operations in Canada and the United States. Mr. Dinesen holds a PhD in Chemical Physics from McGill University and an MBA from Queen's University.
New Risk • Jul 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).
Reported Earnings • Jul 14Third quarter 2023 earnings released: CA$2.22 loss per share (vs CA$2.38 profit in 3Q 2022)Third quarter 2023 results: CA$2.22 loss per share (down from CA$2.38 profit in 3Q 2022). Revenue: CA$767.6m (up 1.7% from 3Q 2022). Net loss: CA$34.5m (down 192% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
공시 • Jul 14+ 1 more updateCogeco Inc. Declares Quarterly DividendCogeco Inc. announced that at its July 13, 2023 meeting, the Board of Directors declared a quarterly eligible dividend of CAD 0.731 per share, an increase of 17% compared to CAD 0.625 per share in the comparable quarter of fiscal 2022.
공시 • Jun 09Cogeco Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023
Price Target Changed • May 05Price target decreased by 17% to CA$84.50Down from CA$102, the current price target is an average from 2 analysts. New target price is 55% above last closing price of CA$54.44. Stock is down 23% over the past year. The company posted earnings per share of CA$9.43 last year.
Upcoming Dividend • Apr 19Upcoming dividend of CA$0.73 per share at 5.1% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (3.4%).
Reported Earnings • Apr 14Second quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.30 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.17 (down from CA$2.30 in 2Q 2022). Revenue: CA$757.2m (up 1.2% from 2Q 2022). Net income: CA$33.8m (down 7.8% from 2Q 2022). Profit margin: 4.5% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
분석 기사 • Apr 01We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director Caroline Papadatos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$57.63, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 9x in the Media industry in Canada. Total loss to shareholders of 33% over the past three years.
공시 • Jan 17Cogeco Inc. Approves Election of Caroline Papadatos as DirectorCogeco Inc. at its AGM held on January 13, 2023 approved election of Caroline Papadatos as director.
Reported Earnings • Jan 14First quarter 2023 earnings released: EPS: CA$2.68 (vs CA$2.42 in 1Q 2022)First quarter 2023 results: EPS: CA$2.68 (up from CA$2.42 in 1Q 2022). Revenue: CA$789.7m (up 6.0% from 1Q 2022). Net income: CA$42.1m (up 9.2% from 1Q 2022). Profit margin: 5.3% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공시 • Jan 13+ 1 more updateCogeco Inc. Declares Quarterly DividendAt its January 12, 2023 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share in the comparable quarter of fiscal 2022.
공시 • Dec 02+ 1 more updateCogeco Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Nov 05Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Inc., Annual General Meeting, Jan 13, 2023.
공시 • Oct 29+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendCogeco Inc. announced at its October 27, 2022 meeting, the board of directors of the company declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share a year ago.
Reported Earnings • Oct 28Full year 2022 earnings releasedFull year 2022 results: Revenue: CA$3.00b (up 15% from FY 2021). Net income: CA$149.1m (up 5.1% from FY 2021). Profit margin: 5.0% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses.
Price Target Changed • Oct 26Price target decreased to CA$103Down from CA$111, the current price target is an average from 3 analysts. New target price is 88% above last closing price of CA$54.84. Stock is down 34% over the past year. The company posted earnings per share of CA$8.92 last year.
Price Target Changed • Oct 13Price target decreased to CA$110Down from CA$119, the current price target is an average from 3 analysts. New target price is 101% above last closing price of CA$54.57. Stock is down 37% over the past year. The company posted earnings per share of CA$8.92 last year.