Cogeco Communications Dividend
Dividend criteria checks 6/6
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 | 6.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$8.70 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGEA.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CGEA.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cogeco Communications Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CGEA.F) | 6.3% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Telecom) | 6.6% |
Analyst forecast in 3 Years (CGEA.F) | 7.6% |
Notable Dividend: CGEA.F's dividend (6.27%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CGEA.F's dividend (6.27%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), CGEA.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), CGEA.F's dividend payments are covered by cash flows.