Cogent Communications Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Cogent Communications Holdings is a dividend paying company with a current yield of 5.89%.
Key information
5.9%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 6.8% |
| Dividend Growth | 7.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 1,677% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CCOI *'s dividend payments have been volatile in the past 10 years.
Growing Dividend: CCOI *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cogent Communications Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CCOI *) | 5.9% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Telecom) | 3.3% |
| Analyst forecast (CCOI *) (up to 3 years) | 6.8% |
Notable Dividend: CCOI *'s dividend (5.89%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: CCOI *'s dividend (5.89%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1677.1%), CCOI *'s dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (231.3%), CCOI *'s dividend payments are not well covered by cash flows.