Rogers Comm (RG) Raises Annual Dividend to C$0.50/Sh

May 29, 2007 7:00 AM EDT

Rogers Communications Inc. (NYSE: RG) increased its annual dividend from C$0.16 to C$0.50 per share effective immediately.

Rogers also announced that its Board of Directors has approved the introduction of a cash settlement feature for employee stock options which is a tax efficient use of cash that will mitigate dilution that would otherwise occur upon exercise of the options.


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