Cogeco Communications Dividend
Dividend criteria checks 5/6
Cogeco Communications is a dividend paying company with a current yield of 6.27% that is well covered by earnings.
Key information
6.3%
Dividend yield
39%
Payout ratio
| Industry average yield | 7.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$8.70 |
| Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Cogeco Communications Inc.'s (TSE:CCA) Intrinsic Value Is Potentially 74% Above Its Share Price
Apr 03
Shareholders 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) | 6.3% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Telecom) | 7.6% |
| Analyst forecast in 3 Years (CCA) | 7.6% |
Notable Dividend: CCA's dividend (6.27%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: CCA's dividend (6.27%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), CCA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), CCA's dividend payments are covered by cash flows.