Rogers Communications Inc. Board of Directors approved the creation of a Dividend Reinvestment Plan (“DRIP”) effective November 1, 2010. Though the telecommunications industry is highly capital-intensive in nature, it is very competitive in Canada. Telecom is a highly capital-intensive sector and will continue to command high capital spending in the future given the rapid rate of technology advancements and innovations.Rogers is well-positioned to outperform its competitors going forward, given its ability to better allocate resources. Investments in multi-band LTE wireless network and prime 700 MHz spectrum have started to bear fruits. ... Rogers Communications Dividend policy Increase Price as of: MAR 11, 08:49 AM EDT $47.31 +0.7 +1.5% RCI: NYSE (Stock) Rogers Communications Dividend policy April 1, 2021 payment date following March 10, 2021 record date. Rogers has an extensive portfolio of low, medium, and high band spectrum and is known for offering a high-quality coast-to-coast-to-coast wireless facilities-based network.The company’s media business should benefit as live sports, which was suspended in March has resumed. Just ask me, and you'll learn why there was nothing I could use out there and that's how the Dividend Snapshot Screeners were borned!Join 128,000+ Monthly Investors & Build a Winning PortfolioDISCLOSURE: Please note that I may have a position in one or many of the holdings listed. The current TTM dividend payout for Rogers Communication (RCI) as of February 25, 2021 is $1.54. Rogers Communications faces competition from the likes of BCE and Telus. Though its dividend yield is lower than most of its peers, a reasonable payout ratio indicates enough room for future dividend increases.Rogers has compounded its dividend growth at 5.6% annually, over the last decade. Dividend Reinvestment Plan. Rogers Communications faces competition from the likes of BCE and Telus. It is the largest wireless and cable TV provider in the country. Rogers Communications's previous ex-dividend date was on 2021-03-09. Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) has signed a deal to buy Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR). So, Rogers looks like a great addition to the portfolio of an investor who is … Almost all of Rogers’ businesses are based in Canada and it operates under three strong brands, Rogers, Fido, and Chatr Mobile. Files Annual Financial Statements and Report to Shareholders Globe Newswire 03/04 17:58 ET. For further information:Investor Relations, 416.935.7777, investor.relations@rci.rogers.com. margin: 0px 5px 10px 5px; Investments in multi-band LTE wireless network and prime 700 MHz spectrum have started to bear fruits.Today, Rogers is not only the largest provider of wireless voice and data communications services in Canada but also one of the leading providers of cable TV and high-speed Internet to consumers and businesses with its world-class network and asset mix. Instead of raising the dividend, the company has strategically deployed its funds towards capital investment and debt reduction and resumed its dividend growth in 2019.The company will prioritize growing its core businesses while returning significant capital to shareholders over the long term. Dividend History for Rogers Communications Inc. (RCI) Ticker. #table_1 > tbody > tr.row-detail ul li.column-formula_1 span.columnValue:after The company ended the fourth quarter with a debt leverage ratio (adjusted net debt/adjusted EBITDA) of … Bell Canada Enterprises is Canada’s largest telecommunications company serving more than 22 million customers across the country, while Telus is the second largest telecom company in Canada. That equates to a dividend yield of 4.12% at current price levels. Telecom is a highly capital-intensive sector and will continue to command high capital spending in the future given the rapid rate of technology advancements and innovations. Its sports and media assets offer a good diversification flavor to its communications portfolio. Using an affiliate link means that, at zero cost to you, I might earn a commission if you buy something through that affiliate link. Before you buy any stocks/funds consult with a qualified financial planner. Rogers’ multi-decade of investment strategy has resulted in the fastest internet speeds across its entire cable footprint. I expect future dividend growth to be in the range of 5.1% to 9.0%, likely at the higher end of this range which would be on pace with their more recent annual dividend increases around 10%. Chart. The company continues to make investments in the latest generation equipment and coax cable network in order to drive cost, speed, and spectral efficiency. Instead of raising the dividend, the company has strategically deployed its funds towards capital investment and debt reduction and resumed its dividend growth in 2019. Rogers Communications has an extensive cable footprint across Canada with 1.6 million television, 2.5 million internet, and 1.1 million phone subscribers.Its wireless subscriber base is approximately 10.9 million. Today, Rogers is not only the largest provider of wireless voice and data communications services in Canada but also one of the leading providers of cable TV and high-speed Internet to consumers and businesses with its world-class network and asset mix. October 1, 2020 payment date following September 9, 2020 record dateQuarterly dividend of 50 cents per share declared by Board. It has the largest footprint across Ontario, New Brunswick, Newfoundland, and Labrador crossing the 4.5 million homes mark. My portfolio is generating over 12% annual returns since 2009. Investment DataOpportunity Score: 43Ticker: TSE:RCI.BSector: Communication ServicesIndustry: Telecommunication ServicesMarket Cap: 24.29BP/E: 19.03Dividend Yield: 3.36%Payout Ratio (Earnings): 63.90%Canadian Dividend Aristocrat: NOChowder Score: Members OnlyDividend Growth: Members OnlyDividend Growth Fit: 2/10Dividend Income Fit: 4/10Revenue Growth & Market ExposureRogers Communications reaches out to almost 96% of the Canadian population, through its wireless, cable, business services, media, and sports operations. Digging deeper, the aspects of Rogers Communications Inc's dividend discount model that … I am not a financial adviser, I am not qualified to give financial advice. The company has expanded its 5G network to 130 cities and towns across the country. RCI's next quarterly dividend payment will be made to shareholders of record on Thursday, April 1. font-size:16px !important; Yahoo 02/27 11:31 ET. Chart. It's not from the beginning of the year or from 2019, it's from 2009 !!! Find the latest dividend history for Rogers Communication, Inc. Common Stock (RCI) at Nasdaq.com. If you want to find out more about us, visit about.rogers.com. Bell Canada Enterprises is Canada’s largest telecommunications company serving more than 22 million customers across the country, while Telus is the second largest telecom company in Canada.Other competitors include Shaw Communications and Cogeco Inc. Rogers also competes with other Canadian multi-channel broadcast distribution undertakings and residential high-speed Internet service providers. TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — Rogers Communications Inc. (“Rogers”) announced that its Board of Directors declared a quarterly dividend totaling 50 cents per share on each of its outstanding Class B Non-Voting shares and Class A Voting … Rogers Communications Inc. is a communications and media company in Canada which operates in … .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable, Rogers has invested over $30 billion in wireless networks over the past 35 years. It's not from the beginning of the year or from 2019, it's from 2009 !!! No hidden magic. It has partnered with Ericsson, the leading 5G infrastructure provider in North America. Rogers’ service revenue was adversely affected as a result of lower roaming and overage revenue while its equipment revenue started to improve on the back of higher-value device sales and upgrades by existing customers.As a leading technology and media company, Rogers continues to enhance its wireless and wireline networks, and media operations, supported by increasing demand for communications and internet usage in the current time.DividendsRogers Communications has been paying dividends since the last decade and has a reasonable payout ratio of ~60%. Its earnings have grown at an impressive 35% CAGR over the last three years. Investors of record on Wednesday, March 10th will be issued a $0.3914 dividend. I see Rogers Communications as a good dividend growth candidate, but if you are looking for dividend growth TELUS is a more certain option. Rogers has an extensive portfolio of low, medium, and high band spectrum and is known for offering a high-quality coast-to-coast-to-coast wireless facilities-based network. Rogers Communications has seen a drop in revenue during the COVID-19 pandemic. Rogers is well-positioned to outperform its competitors going forward, given its ability to better allocate resources. Best Stock Screener to Find an Investment. In Wireless, Rogers grew its Infinite subscriber base to 2.2 million and drove 65% growth in data usage from Infinite users. The company’s media business should benefit as live sports, which was suspended in March has resumed. Compare RCI With Other Stocks Try Stock Rover NOW!CompetitionThough the telecommunications industry is highly capital-intensive in nature, it is very competitive in Canada. .wpdt-c .wpDataTablesWrapper table.wpDataTable { The deal could create a dividend windfall. Rogers has established key partnerships to research and commercialize Canadian 5G technology and launched its first 5G network in Canada. Sportsnet continues to be the most-watched network in Canada. Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) declared a quarterly dividend on Friday, January 29th, Wall Street Journal reports. Rogers Communications's next ex-dividend date has not been announced yet. We have grown to become a leading technology and media company that strives to provide the very best in wireless, residential, sports, and media to Canadians and Canadian businesses. The company returned $1.7 billion in cash to shareholders through dividends and share buybacks, which increased by almost 70%, in 2019. April 19, 2017 - 11:00 AM EDT Rogers Communications 2017 Annual General Meeting (AGM) of Shareholders Press Release mp3 April 18, 2017 - 12:00 PM EDT Rogers Communications 1Q17 Investment Community Teleconference The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 0.74% each year. It is the largest wireless and cable TV provider in the country. Rogers also has an internet-based Ignite TV platform. This has been primarily due to lower overage and roaming revenue owing to a decrease in global mobility. | Expand … Rogers will also start deploying dynamic spectrum sharing technology, which will allow 4G spectrum to be used for 5G.The company has expanded its 5G network to 130 cities and towns across the country. My approach is simple but you need key data that I have cultivated with the Dividend Snapshot Screeners.