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Cogeco Communications (Cogeco Communications) 5-Year Dividend Growth Rate : 10.30% (As of Feb. 2024)


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What is Cogeco Communications 5-Year Dividend Growth Rate?

Cogeco Communications's Dividends per Share for the three months ended in Feb. 2024 was $0.63.

During the past 12 months, Cogeco Communications's average Dividends Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cogeco Communications was 58.70% per year. The lowest was 10.20% per year. And the median was 13.60% per year.

Cogeco Communications's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.39. As of today, Cogeco Communications's Dividend Yield % is 6.03%.

Good Sign:

Cogeco Communications Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cogeco Communications's 5-Year Dividend Growth Rate

For the Telecom Services subindustry, Cogeco Communications's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cogeco Communications's 5-Year Dividend Growth Rate Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cogeco Communications's 5-Year Dividend Growth Rate falls into.



Cogeco Communications 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cogeco Communications  (OTCPK:CGEAF) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cogeco Communications's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.633/ 1.616
=0.39

During the past 13 years, the highest Dividend Payout Ratio of Cogeco Communications was 0.49. The lowest was 0.24. And the median was 0.30.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cogeco Communications Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.8542024-04-242024-04-252024-05-09Cash DividendquarterlyCAD:USD 0.730967
CAD 0.8542024-01-232024-01-242024-02-07Cash DividendquarterlyCAD:USD 0.747161
CAD 0.8542023-11-142023-11-152023-11-29Cash DividendquarterlyCAD:USD 0.735998
CAD 0.7762023-07-262023-07-272023-08-10Cash DividendquarterlyCAD:USD 0.759878

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cogeco Communications's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.480528932/40.85
=6.07 %

Current Share Price is $40.85.
Cogeco Communications's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.480528932.

During the past 13 years, the highest Dividend Yield of Cogeco Communications was 6.03%. The lowest was 1.63%. And the median was 2.25%.

Good Sign:

Cogeco Communications Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cogeco Communications 5-Year Dividend Growth Rate Related Terms

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Cogeco Communications (Cogeco Communications) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.