Cogent Communication (CCOI) Raises Quarterly Dividend 4.8% to $0.44; 4.1% Yield
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Cogent Communications Reports First Quarter 2017 Results and Increases Regular Quarterly Dividend on Common Stock
May 4, 2017 7:00 AM EDTWASHINGTON, May 4, 2017 /PRNewswire/ --
Financial and Business Highlights
Cogent approves a 4.8% increase of $0.02 per share to its regular quarterly dividend to $0.44 per common share to be paid on June 2, 2017 to shareholders of record on May 18, 2017 Service revenue for Q1 2017 increased by 1.4% from Q4 2016 to $117.2 million and on a constant currency basis increased from Q4 2016 by 1.6% Service revenue for Q1 2017 increased by 8.2% from Q1 2016 and on a constant currency basis increased from Q1 2016 by 8.7% Operating income increased by... More