Cogent Communication (CCOI) Raises Quarterly Dividend 2.9% to $0.36; 4.2% Yield

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Go back to Cogent Communication (CCOI) Raises Quarterly Dividend 2.9% to $0.36; 4.2% Yield

Cogent Communications Reports Fourth Quarter and Full Year 2015 Results and Increases Regular Quarterly Dividend on Common Stock

February 25, 2016 7:01 AM EST

WASHINGTON, Feb. 25, 2016 /PRNewswire/ --

Financial and Business Highlights

Cogent approves a 2.9% increase of its regular quarterly dividend to $0.36 per common share to be paid on March 24, 2016 to shareholders of record on March 10, 2016 Dividends paid in 2015 totaling $66.3 million are treated as 100% return of capital for US federal income tax purposes Service revenue for Q4 2015 increased by 2.1% from Q3 2015 to Q4 2015 Service revenue for Q4 2015, on a constant currency basis, increased by 2.5% from Q3 2015 to Q4 2015 and increased by 12.1% from Q4 2014 Service revenue for 2015 increased by 6.4%... More