Cogeco Inc. (CGO) To Go Ex-Dividend on November 10th

Cogeco Inc. (TSE:CGO) declared a quarterly dividend on Tuesday, November 10th. Shareholders of record on Wednesday, November 25th will be given a dividend of $1.0070 per share on Wednesday, November 25th. This represents a $4.03 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Tuesday, November 10th.

Cogeco Trading Down 1.2%

Shares of CGO opened at C$50.68 on Friday. The company’s fifty day moving average is C$50.27 and its 200 day moving average is C$61.47. Cogeco has a fifty-two week low of C$43.51 and a fifty-two week high of C$77.04. The company has a debt-to-equity ratio of 916.00, a quick ratio of 0.51 and a current ratio of 0.60. The stock has a market capitalization of C$479.94 million, a PE ratio of -1.41, a P/E/G ratio of -0.28 and a beta of 0.89.

Cogeco (TSE:CGO) last announced its quarterly earnings results on Thursday, October 29th. The company reported C$2.04 EPS for the quarter. Cogeco had a negative net margin of 11.80% and a negative return on equity of 49.57%. The firm had revenue of C$713.89 million during the quarter. Sell-side analysts expect that Cogeco will post 11.05 earnings per share for the current fiscal year.

About Cogeco

Cogeco Inc is a North American leader in the telecommunications and media sectors. Through Cogeco Communications Inc, we provide world-class Internet, wireless, video and wireline phone services to 1.6 million residential and business subscribers in Canada and thirteen states in the United States. Through Cogeco Media, we operate 21 radio stations in Canada, primarily in the province of Quebec, as well as a news agency. We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future.