Rogers Communications (TSE:RCI – Get Free Report) Director David Alan Robinson acquired 675 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average price of C$50.88 per share, with a total value of C$34,344.68. Following the completion of the transaction, the director now owns 675 shares in the company, valued at C$34,344.68.
Rogers Communications Price Performance
Rogers Communications Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Monday, December 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of ∞. The ex-dividend date is Monday, December 9th.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group downgraded shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 25th.
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