TSX:CCATelecom
Does Cogeco’s Dividend Hike Amid Heavy Losses Change The Bull Case For Cogeco Communications (TSX:CCA)?
Cogeco Communications Inc. reported third-quarter 2026 results showing sales of C$696.68 million versus C$730.68 million a year earlier and a net loss of C$1,356.28 million, compared with net income of C$69.9 million.
Despite weaker sales and a very large swing to losses over the quarter and first nine months of fiscal 2026, the Board increased the quarterly cash dividend by 7.0% to C$0.987 per share, with the ex-dividend date having already passed on 17 July 2026.
We’ll now examine how...