Rogers Communications (RCI) to Release Earnings on Wednesday

Rogers Communications (TSE:RCI) will post its quarterly earnings results before the market opens on Wednesday, April 24th. Analysts expect Rogers Communications to post earnings of C$1.15 per share for the quarter.

Rogers Communications (TSE:RCI) last released its earnings results on Thursday, February 1st. The company reported C$1.19 EPS for the quarter, topping analysts’ consensus estimates of C$1.03 by C$0.16. The firm had revenue of C$5.34 billion for the quarter, compared to analyst estimates of C$5.36 billion.

Rogers Communications Price Performance

Rogers Communications Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, March 11th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend was Friday, March 8th.

Insider Buying and Selling

In other news, Director Edward Rogers purchased 400 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was purchased at an average cost of C$63.92 per share, for a total transaction of C$25,569.96. Following the completion of the transaction, the director now owns 400 shares of the company’s stock, valued at C$25,569.96.