Cogent Communication (CCOI) Raises Quarterly Dividend 4.3% to $0.48; 4% Yield

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Go back to Cogent Communication (CCOI) Raises Quarterly Dividend 4.3% to $0.48; 4% Yield

Cogent Communications Reports Third Quarter 2017 Results and Increases Regular Quarterly Dividend on Common Stock

November 2, 2017 9:48 AM EDT

WASHINGTON, Nov. 2, 2017 /PRNewswire/ --

Financial and Business Highlights

Cogent approves a 4.3% increase of $0.02 per share to its regular quarterly dividend to $0.48 per common share to be paid on December 4, 2017 to shareholders of record on November 17, 2017 Service revenue for Q3 2017 increased by 2.7% from Q2 2017 to $123.0 million and on a constant currency basis increased from Q2 2017 by 1.2% Service revenue for Q3 2017 increased by 8.8% from Q3 2016 and on a constant currency basis increased from Q3 2016 by 7.7% Capital expenditures decreased by 7.5% from the nine months ended September 30, 2016 to the nine months ended September... More