Free Trial

Cogent Communications (CCOI) Dividend Yield, Date & History

Cogent Communications logo
$77.34 +2.42 (+3.23%)
(As of 12/20/2024 05:16 PM ET)

Cogent Communications Dividend Summary

Dividend Yield
5.15%
Annual Dividend
$3.98
Recent
Dividend Payment
Dec. 6
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
10.66%
Dividend Payout Ratio
510.26%

Cogent Communications (CCOI) pays an annual dividend of $3.98 per share, with a dividend yield of 5.15%. The next quarterly payment of $0.9950 per share was paid on Friday, December 6, to investors who owned the stock before the ex-dividend date of Friday, November 22. CCOI has grown its dividend for 13 consecutive years, with an average annual increase of 3.43%. The company currently pays out 510.26% of its earnings and 55.42% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

CCOI Dividend Payments by Quarter

The chart below displays up to four years of Cogent Communications' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CCOI Dividend Yield Over Time

The chart below tracks Cogent Communications' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Cogent Communications vs. The Competition

Compare Cogent Communications' annual dividend, yield, and 3-year growth rate with averages for Computer and NASDAQ companies to evaluate its performance against the market.

TypeCogent CommunicationsComputer CompaniesNASDAQ Companies
Annual Dividend$3.98$0.03$1.31
Dividend Yield5.15%2.72%4.20%
Annualized 3-Year Dividend Growth10.66%12.57%14.22%
Track Record13 years16 years19 years

Cogent Communications Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings510.26%
Based on This Year's Estimate-87.47%
Based on Next Year's Estimate-150.76%
Based on Cashflow55.42%

Cogent Communications Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/6/2024Quarterly$0.9950+$0.01
1.02%
4.66%11/22/202411/22/202412/6/2024
8/7/2024Quarterly$0.9850+$0.01
1.03%
5.73%8/22/20248/22/20249/6/2024
5/8/2024Quarterly$0.9750+$0.01
1.04%
6.32%5/22/20245/23/20246/7/2024
2/28/2024Quarterly$0.9650+$0.01
1.05%
4.77%3/14/20243/15/20244/9/2024
11/1/2023Quarterly$0.9550+$0.01
1.06%
5.6%11/22/202311/24/202312/8/2023
8/2/2023Quarterly$0.9450+$0.01
1.07%
5.73%8/23/20238/24/20239/8/2023
5/3/2023Quarterly$0.9350+$0.01
1.08%
5.36%5/17/20235/18/20236/2/2023
2/22/2023Quarterly$0.9250+$0.01
1.09%
5.97%3/9/20233/10/20233/24/2023

This table shows Cogent Communications' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Cogent Communications Dividend - Frequently Asked Questions

The current dividend yield for Cogent Communications is 5.15%. Learn more on CCOI's dividend yield history.

The annual dividend for CCOI shares is $3.98. Learn more on CCOI's annual dividend history.

Cogent Communications pays quarterly dividends to shareholders.

Cogent Communications's most recent quarterly dividend payment of $0.9950 per share was made to shareholders on Friday, December 6, 2024.

Cogent Communications's most recent ex-dividend date was Friday, November 22, 2024.

Over the past three years, the company's dividend has grown by an average of 10.66% per year.

Cogent Communications has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, November 6, 2024.

The dividend payout ratio for CCOI is:
  • 510.26% based on the trailing year of earnings
  • 55.42% based on cash flow

Cogent Communications' dividend yield of 5.23% is higher than the average Computer and Technology company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Cogent Communications' dividend payout ratio of 510.26% may not be sustainable.

Looking at the stock as a whole, market analysts rate Cogent Communications stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:CCOI) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners