Cogeco Dividends and Buybacks
Dividend criteria checks 5/6
Cogeco is a dividend paying company with a current yield of 6.03% 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
6.0%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 7.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.2% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | CA$3.688 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
We Like The Quality Of Cogeco's (TSE:CGO) Earnings
Nov 08
Cogeco (TSE:CGO) Seems To Be Using A Lot Of Debt
Jul 18We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its Debt
Dec 07Investors Can Find Comfort In Cogeco's (TSE:CGO) Earnings Quality
Nov 08Cogeco (TSE:CGO) Is Paying Out A Larger Dividend Than Last Year
Nov 06We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its Debt
Apr 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGO's dividends per share have been stable in the past 10 years.
Growing Dividend: CGO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cogeco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGO) | 6.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Telecom) | 8.4% |
| Analyst forecast (CGO) (up to 3 years) | n/a |
Notable Dividend: CGO's dividend (6.03%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: CGO's dividend (6.03%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), CGO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11%), CGO's dividend payments are thoroughly covered by cash flows.