TSX:CCATelecom
Does Cogeco’s Q3 Impairment And Dividend Hike Change The Bull Case For Cogeco (TSX:CCA)?
In its third-quarter 2026 results, Cogeco Communications Inc. reported sales of C$696.68 million versus C$730.68 million a year earlier and moved from net income of C$69.9 million to a net loss of C$1.36 billion, driven largely by a very large non-cash impairment charge in its U.S. operations.
Despite this swing to a loss and softer U.S. performance, the company increased its quarterly dividend by 7% to C$0.987 per share and maintained its full-year guidance, underscoring the strength of...