Cogent Communication (CCOI) Raises Quarterly Dividend 2.8% to $0.905; 5.8% Yield

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Go back to Cogent Communication (CCOI) Raises Quarterly Dividend 2.8% to $0.905; 5.8% Yield

Cogent Communications Reports Second Quarter 2022 Results and Increases its Regular Quarterly Dividend on its Common Stock by $0.025

August 4, 2022 4:01 PM EDT

Financial and Business Highlights

Cogent approved an increase of $0.025 per share to its regular quarterly dividend for a total of $0.905 per share for Q3 2022 as compared to $0.880 per share for Q2 2022 Cogent's fortieth consecutive quarterly dividend increase.The Q3 2022 $0.905 dividend per share represents an annual increase of 12.4% from the dividend per share of $0.805 for Q3 2021.Service revenue decreased from Q1 2022 to Q2 2022 by 0.5% and increased from Q2 2021 to Q2 2022 by 0.4%.Service revenue, on a constant currency basis, increased from Q1 2022 to Q2... More