Cogeco Communications Dividends and Buybacks
Dividend criteria checks 6/6
Cogeco Communications is a dividend paying company with a current yield of 5.32% 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
5.3%
Dividend yield
4.2%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | 6.2% |
| Dividend Growth | 10.1% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | US$2.650 |
| Payout ratio | 43% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGEA.F) | 5.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Telecom) | 6.4% |
| Analyst forecast (CGEA.F) (up to 3 years) | 6.2% |
Notable Dividend: CGEA.F's dividend (5.32%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CGEA.F's dividend (5.32%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.4%), CGEA.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.5%), CGEA.F's dividend payments are well covered by cash flows.