Cogeco Communications Dividends and Buybacks
Dividend criteria checks 5/6
Cogeco Communications is a dividend paying company with a current yield of 5.32% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 14th November, 2024.
Key information
5.3%
Dividend yield
4.2%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | 6.2% |
| Dividend Growth | 10.1% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | CA$3.688 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Cogeco Communications' (TSE:CCA) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 11
Some May Be Optimistic About Cogeco Communications' (TSE:CCA) Earnings
Nov 07Cogeco Communications Inc. (TSE:CCA) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Aug 09There's No Escaping Cogeco Communications Inc.'s (TSE:CCA) Muted Earnings
Jun 21Cogeco Communications (TSE:CCA) Seems To Be Using A Lot Of Debt
May 08Cogeco Communications Inc.'s (TSE:CCA) Intrinsic Value Is Potentially 74% Above Its Share Price
Apr 03Shareholders Will Probably Not Have Any Issues With Cogeco Communications Inc.'s (TSE:CCA) CEO Compensation
Jan 05Cogeco Communications (TSE:CCA) Is Paying Out A Larger Dividend Than Last Year
Nov 06Is Cogeco Communications (TSE:CCA) A Risky Investment?
Oct 26Is There An Opportunity With Cogeco Communications Inc.'s (TSE:CCA) 30% Undervaluation?
Oct 05Is Cogeco Communications Inc. (TSE:CCA) Trading At A 48% Discount?
Jun 25Cogeco Communications (TSE:CCA) Takes On Some Risk With Its Use Of Debt
May 08Here's Why Cogeco Communications (TSE:CCA) Has A Meaningful Debt Burden
Dec 26Cogeco Communications (TSE:CCA) Takes On Some Risk With Its Use Of Debt
Sep 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CCA's dividends per share have been stable in the past 10 years.
Growing Dividend: CCA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cogeco Communications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CCA) | 5.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Telecom) | 8.4% |
| Analyst forecast (CCA) (up to 3 years) | 6.2% |
Notable Dividend: CCA's dividend (5.32%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: CCA's dividend (5.32%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.4%), CCA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.5%), CCA's dividend payments are well covered by cash flows.