Rogers Communication, Inc. (NYSE:RCI) Shares Set to Pay Quarterly Dividend of C$0.50
by Sarita Garza · The Markets DailyRogers Communication, Inc. (NYSE:RCI – Get Free Report) (TSE:RCI.B) announced a quarterly dividend on Friday, October 23rd. Stockholders of record on Tuesday, December 8th will be given a dividend of C$0.50 per share by the Wireless communications provider on Tuesday, January 5th. This represents a $2.00 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Tuesday, December 8th.
Rogers Communication has a payout ratio of 40.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Rogers Communication to earn $3.22 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 44.7%.
Rogers Communication Stock Down 2.4%
Rogers Communication stock traded down $0.79 during midday trading on Friday, hitting $32.41. The stock had a trading volume of 1,871,107 shares, compared to its average volume of 1,271,036. The business has a fifty day moving average price of $34.09 and a 200 day moving average price of $34.85. Rogers Communication has a 12 month low of $29.25 and a 12 month high of $41.14. The stock has a market cap of $17.51 billion, a P/E ratio of 3.91, a P/E/G ratio of 3.99 and a beta of 0.65. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 1.54.
Rogers Communication (NYSE:RCI – Get Free Report) (TSE:RCI.B) last released its earnings results on Friday, October 23rd. The Wireless communications provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.07. Rogers Communication had a return on equity of 11.56% and a net margin of 27.54%. During the same quarter in the prior year, the firm posted $1.37 EPS. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Research analysts predict that Rogers Communication will post 3.24 EPS for the current year.
More Rogers Communication News
Here are the key news stories impacting Rogers Communication this week:
- Positive Sentiment: Rogers reported quarterly earnings of $0.92 per share, exceeding analyst expectations of approximately $0.84–$0.85. Revenue increased 1.8% year over year, while adjusted profit benefited from higher revenue. Rogers Communication Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: Management highlighted record free cash flow and the company’s lowest capital intensity in more than two decades. Capital spending fell 46% in the quarter, supporting near-term cash generation and potentially improving balance-sheet flexibility. Rogers Communications Reports Third Quarter 2026 Results
- Positive Sentiment: Rogers added 17,000 net mobile phone subscribers, and the board declared a quarterly dividend of $0.50 per share, payable January 5, 2027. Scotiabank also raised its FY2026 and FY2027 EPS forecasts to $3.34 and $3.51, respectively, while maintaining an “Outperform” rating. Rogers Communications Declares Quarterly Dividend
- Neutral Sentiment: The earnings beat was partly offset by the comparison with the prior year: reported EPS fell from $1.37 to $0.92, largely because the year-ago period included a significant accounting gain. Rogers Communications Profit Drops on Comparison, Revenue Rises
- Negative Sentiment: The sharp reduction in capital spending may raise concerns about the pace of future network investment and growth, while only 17,000 mobile additions suggest limited subscriber momentum. These concerns appear to be outweighing the adjusted earnings beat for some investors.
Rogers Communication Company Profile
Rogers Communications Inc is a Canadian communications and media company serving consumers, businesses and public-sector organizations across Canada. Its telecommunications operations provide wireless voice and data services, broadband internet, television, home phone and related connectivity products. The company also offers enterprise networking, cybersecurity, cloud and other information technology services.
Rogers operates a portfolio of media and sports properties, including Sportsnet, Citytv and OMNI Television, along with radio stations, digital platforms and publishing operations.
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