Rogers Communication, Inc. (NYSE:RCI) Updates On Dividend Release Date


On 2016-08-12, Rogers Communication, Inc. (NYSE:RCI) confirmed the dividend disbursement of $0.368 a share to shareholders as on record 2016-09-11. The firm will release dividend on 2016-10-03 while ex-dividend date is reported to be 2016-09-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Rogers Communication, Inc. (NYSE:RCI) paid a total of $0.368 per share in dividends. This figure stood at $0.368 a share in the same period a year ago indicating a deviation of -9.8613%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $43.881 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $54 and $38.8, respectively.

Taking the mathematical rating formula, the price for Rogers Communication, Inc. (NYSE:RCI) stands at 2.57. Earnings Review Rogers Communication, Inc. (NYSE:RCI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.65.

Coming to the quarter ending on 2015-12-31, Rogers Communication, Inc. (NYSE:RCI) recorded EPS of $0.62. The reported numbers came lower than the analysts’ estimates of $0.64, demonstrating a miss of $-0.02 as against reported figures.

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