Rogers Communications Dividend
Dividend criteria checks 4/6
Rogers Communications is a dividend paying company with a current yield of 3.86%. Next payment date is on 5th July, 2024 with an ex-dividend date of 10th June, 2024.
Key information
3.9%
Dividend yield
178%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | 05 Jul 24 |
Ex dividend date | 10 Jun 24 |
Dividend per share | n/a |
Earnings per share | CA$1.12 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RCI.A's dividends per share have been stable in the past 10 years.
Growing Dividend: RCI.A's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Rogers Communications Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RCI.A) | 3.9% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Wireless Telecom) | 3.8% |
Analyst forecast in 3 Years (RCI.A) | 3.9% |
Notable Dividend: RCI.A's dividend (3.86%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: RCI.A's dividend (3.86%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (178.3%), RCI.A's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.3%), RCI.A's dividend payments are covered by cash flows.