Cogeco Communications Inc (TSE:CCA) declared a quarterly dividend on Tuesday, July 25th, TickerTech reports. Stockholders of record on Thursday, August 10th will be paid a dividend of 0.43 per share on Thursday, August 10th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Tuesday, July 25th.
Cogeco Communications (TSE CCA) opened at 90.71 on Friday. The firm has a market capitalization of $4.47 billion and a P/E ratio of 14.83. The stock’s 50 day moving average price is $86.27 and its 200-day moving average price is $77.93. Cogeco Communications has a 12 month low of $60.62 and a 12 month high of $92.31.
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In related news, insider René Guimond sold 900 shares of the firm’s stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of C$87.44, for a total value of C$78,696.00. Also, insider Elizabeth Alves sold 996 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of C$87.05, for a total transaction of C$86,701.80. Insiders sold a total of 2,096 shares of company stock valued at $183,087 over the last quarter.
About Cogeco Communications
Cogeco Communications Inc, formerly Cogeco Cable Inc, is a Canada-based communications company. The Company provides residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks. The Company operates through three segments: Canadian broadband services, American broadband services and Business information and communications technology (Business ICT) services.
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