TSX:CCATelecom
The Bull Case For Cogeco Communications (TSX:CCA) Could Change Following Dividend Hike Amid Declining Sales and Guidance
Cogeco Communications recently reported full-year earnings showing sales of CA$2.91 billion and net income of CA$322.58 million for the year ended August 31, 2025, both showing a year-over-year decrease, while also announcing a 7% increase in its quarterly dividend to CA$0.987 per share.
The company also issued guidance anticipating a 1% to 3% revenue decline in fiscal 2026, mainly due to subscriber losses in video and wireline phone services and increased competition, highlighting ongoing...