Cogeco Communications Dividends and Buybacks
Dividend criteria checks 5/6
Cogeco Communications is a dividend paying company with a current yield of 5.57% that is well covered by earnings.
Key information
5.6%
Dividend yield
4.3%
Buyback Yield
| Total Shareholder Yield | 9.9% |
| Future Dividend Yield | 6.5% |
| Dividend Growth | 10.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$3.688 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
These 4 Measures Indicate That Cogeco Communications (TSE:CCA) Is Using Debt Extensively
Dec 03
Cogeco Communications' (TSE:CCA) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 11Some 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) | 5.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Telecom) | 9.1% |
| Analyst forecast (CCA) (up to 3 years) | 6.5% |
Notable Dividend: CCA's dividend (5.57%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: CCA's dividend (5.57%) is low compared to the top 25% of dividend payers in the Canadian market (6.35%).
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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 02:39 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cogeco Communications Inc. is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Phillip Huang | Barclays |
| Tim Casey | BMO Capital Markets Equity Research |
| Matthew Griffiths | BofA Global Research |